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GAZA CITY, Gaza Strip — The Ministry of National Economy in the Gaza Strip announced Oct. 31 the cancellation of exclusive commercial agencies granted to a number of traders. These traders had monopolized the importation of some basic commodities, such as baby formula, gluten-free wheat and cleaning products, as well as some nonbasic commodities, under exclusive agency agreements between them and foreign companies.
The ministry said the decision, which will become effective at a maximum of six months, would curb rising prices in favor of consumers.
