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(Globes) Lior Greenbaum - As Israel continues preparations for withdrawal from the Gaza Strip, a senior military source said a key goal was to encourage the transfer of Israeli businesses slated for evacuation to Palestinian ownership as going concerns, including the greenhouses in Gush Katif and factories in the Erez industrial zone. Under the evacuation-compensation bill passed Tuesday by the Knesset Finance Committee, a business-owner who sells the business to a Palestinian may make a handsome profit over and above compensation received from the state, in contrast to business-owners who decide to dismantle their greenhouses and factories. 2005-02-10 00:00:00Full Article
Israel Will Encourage Transfer of Gaza Businesses to Palestinians
(Globes) Lior Greenbaum - As Israel continues preparations for withdrawal from the Gaza Strip, a senior military source said a key goal was to encourage the transfer of Israeli businesses slated for evacuation to Palestinian ownership as going concerns, including the greenhouses in Gush Katif and factories in the Erez industrial zone. Under the evacuation-compensation bill passed Tuesday by the Knesset Finance Committee, a business-owner who sells the business to a Palestinian may make a handsome profit over and above compensation received from the state, in contrast to business-owners who decide to dismantle their greenhouses and factories. 2005-02-10 00:00:00Full Article
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