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Israel to Double Volume of Water Sold to Jordan
(Globes) Guy Lieberman - The volume of water that Israel sells to Jordan will double and is likely to reach 100 million cubic meters over the next year, following an agreement signed on Tuesday. Since the mid-1990s, Israel has sold 50 million cubic meters of water annually to Jordan. Ten years ago this amount was raised to 60 million cubic meters. Israel has been selling water to Jordan since the 1990s at the especially cheap tariff of $0.04 per cubic meter, far lower than the $2.48 rate per cubic meter paid by Israeli consumers. This latest agreement hikes the price to $0.65, which means Israel is still subsidizing the cost of water for Jordan. Israel's Minister of Infrastructures, Water and Energy Resources Karine Elharrar said the new "agreement to increase the amount of water is an unequivocal statement that we want good neighborly relations."