عOmar Shaban IsmailPolitical Economy · Palestine

Media coverage

Palestinian Economist: The Tunnels Are Harming the Palestinian Economy

Calcalist · 2008-07-21

Calcalist reports remarks Omar Shaban made to Al-Arabiya’s economics channel on Gaza’s smuggling tunnels. He estimates that the tunnel industry generates $200–300 million a year and controls about a quarter of the value of goods entering the Strip annually, and argues that this illegal trade has strengthened a black market subject to no commercial law. Smuggling exists everywhere, he notes, but in Gaza the tunnels have become an important part of the economy, which is the problem; the only way to end them is to open the crossings so that goods can enter the Strip in a “natural” way.

Calcalist reports remarks Omar Shaban made to Al-Arabiya’s economics channel on Gaza’s smuggling tunnels. He estimates that the tunnel industry generates $200–300 million a year and controls about a quarter of the value of goods entering the Strip annually, and argues that this illegal trade has st…

Original source

His own writing on this subject

More media coverage

All media coverage