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Third wave of 'what is good for Europe' trade reform comes into effect

ANI March 3, 2025 145 views

Israel has initiated its third wave of import reform, allowing more European standard products into the market. The initiative aims to increase competition and potentially lower consumer prices across various product categories. By adopting EU standards, Israel is opening up new opportunities for importers and consumers alike. The reform covers an extensive range of goods, from kitchen appliances to everyday household items.

"Expanding the options for importers is expected to increase competition, improve the range and lower prices" - Ministry of Economy and Industry
Tel Aviv, March 3: On March 1, the third wave of the import reform "What is good for Europe Is Good for Israel" went into effect.

Key Points

1

Israel adopts European import standards for consumer products

2

Third wave of reform targets kitchen appliances and household goods

3

Expects to reduce living costs through increased market competition

4

Includes wide range of products from ovens to tampons

As in the previous waves, a wide range of consumer products are included, which can be imported according to European Union standards. Expanding the options for importers is expected to increase competition, improve the range and lower prices, said the Ministry of Economy and Industry.

Israel's standards of quality for all manner of appliances to be imported into the country have been traditionally high. This reform, the adoption of European standards for importation, is expected to help lower the cost of living.

Some of the products included in the third wave are cooking ovens, stoves, grills, toasters, food processors, blenders, mixers, meat grinders, food storage and eating utensils - made of, disposable and reusable plastic, ceramic and glass, coffee machines, food and ice makers, refrigerators, tampons, carpets. (ANI/TPS)

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