Support to expedite the movement of goods and reduce transaction costs

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Support to expedite the movement of goods and reduce transaction costs

 

 

 

Objectives:

This focus area aims to develop systemic interventions that will:

  1. Expedite the movement of goods
  2. Reduce transaction costs for Palestinian imports and exports.
Current Interventions:
Supporting the Direct Transfer of Goods through King Hussein Bridge (KHB)

We are working with the Palestinian Ministry of National Economy (MoNE) and other Palestinian stakeholders to develop a strategic operating plan for the direct transfer of goods through KHB. KHB is currently the only operational international crossing between the West Bank and Jordan, which makes it a key passage point for people and goods. Israel controls the customs processes at the border, and goods must be unloaded on one side of the border and inspected by Customs and Security officials before being reloaded onto trucks at the other side. While it is widely known that a more efficient solution is needed, there is limited understanding of current procedures, security restrictions, constraints, and export costs at the King Hussein Bridge.

Containerisation Pilot Initiative through KHB
To support the Ministry of National Economy’s initiative that aims at demonstrating the viability of containerisation at the KHB, supporting progression towards a Direct Transfer solution, and encouraging uptake on the part of traders, Tasdeer will provide Palestinian exporters and importers with a partial flat subsidy of $1,500 per container for up to 6 containers per firm.
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Developing a National Industrial Policy Framework (NIPF)

The Palestinian Authority’s National Economic Policy Agenda outlines its goals for the industrial sector as an engine for investment, economic growth, and employment in the OPT, but it lacks a strategy for achieving these goals. There is growing support from both the private sector and various government institutions to develop an industrial strategy, but there is currently little clarity about what this strategy should entail or seek to achieve.

Tasdeer will support MoNE in the development of a clear policy framework for industrial development. The framework will build on the Palestinian industrial sector’s strengths and will aim to address its weaknesses. Activities will include a situation analysis of the constraints and opportunities at the macroeconomic, microeconomic, and industry-specific levels, as well an overall assessment of the enabling environment for investment and exports in the industrial sector. We will support MoNE to develop a NIPF that will include strategic programmes, an action plan, and a sustainable national coordination mechanism.