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How Palestinians hope to increase exports

Earlier in September, the Palestine Trade Center announced the Palestine Exporter Award for 2016, a national recognition to promote an export culture among Palestinian firms, encourage diversification in exports and support access to new markets in a bid to achieve national economic development.
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GAZA CITY, Gaza Strip — The Palestine Trade Center (PalTrade) announced at a Sept. 5 press conference, held in al-Bireh, the opening of registration for the Palestine Exporter Award 2016 for six categories that include industryagriculture, services, tourism, female investors and promising or new firms. The award aims to showcase Palestinian economic capabilities, encourage competition in the production and services sectors, boost Palestinian annual exports, promote an export culture and support access to new markets in order to achieve inclusive economic and sustainable social developments in Palestine, both in the West Bank and Gaza.

The award is also part of the National Export Strategy adopted by the Palestinian government in collaboration with PalTrade in early 2015 to increase exports by 67%, with an average annual growth of 13%, within the next five years.

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