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Will opening of Israeli crossing help Gaza’s economy?

Israel recently announced plans to reopen the Erez/Beit Hanoun crossing into Gaza, but many say it is not enough to relieve Gaza’s devastated economy.
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GAZA CITY, Gaza Strip — Israeli Defense Minister Moshe Ya'alon announced on May 3 that Israel would reopen the Erez/Beit Hanoun crossing in northeastern Gaza, after eight years of closure, to allow the entry of goods. Among the reasons for the opening, Ya’alon cited relieving pressure on the Kerem Shalom border crossing in southeastern Gaza, the only point through which goods and humanitarian aid are currently allowed to enter. Around 500-700 trucks make the crossing daily. Some 50% of the goods now entering through Kerem Shalom will arrive via Erez/Beit Hanoun, according to Ya’alon.

An economic report issued April 13 by Gaza’s Chamber of Industry and Commerce showed that during the first quarter of 2016, the number of trucks entering Gaza increased, reaching 33,006, compared to 16,978 for the first quarter of 2015. The figure for the first quarter of 2014 had been 11,303, down from 13,445 for the first quarter of 2013.

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