GBAF Logo
Fishing boats on shore in Somalia, highlighting the threat of piracy - Global Banking & Finance Review
An image depicting fishing boats on the shore of Somalia, illustrating the ongoing threat of piracy in the region. This relates to the UN's authorization for international patrols to protect shipping routes crucial for humanitarian aid in the Indian Ocean.
Investing

ISRAEL ALLOWS GAZA FISH EXPORTS TO RESUME

Published by Gbaf News

Posted on November 11, 2014

1 min read
Add as preferred source on Google
ESG Global trade Investing Middle East

Israel Resumes Gaza Fish Exports

GAZA CITY, Gaza Strip (AP) – Israel has allowed Gaza fishermen to export their catch to the West Bank for the first time since 2007.

Monday’s shipment of more than 700 kilograms of fish marked a symbolic easing of a longstanding Israeli blockade on the Gaza Strip. Israel, which imposed the blockade after Hamas seized power in Gaza, agreed to loosen the restrictions after a 50-day war against the Islamic militant group over the summer.

Palestinian Agriculture Ministry Response

Adel Attallah, of the Palestinian Agriculture Ministry, said the shipment was meant to “test the Israeli intentions.”

Gaza's Pre-Blockade Fishing Industry

Gaza used to ship up to 1,200 tons of fish to the West Bank each year before the blockade.

Expansion of Fishing Zone After Conflict

Following the war, Israel agreed to double a permitted fishing zone for Gazans up to six nautical miles.

Key Takeaways

  • Israel allowed over 730 kg of fish exported from Gaza to the West Bank for the first time since 2007.
  • This move is seen as a symbolic easing of Israel’s long‑standing blockade on Gaza after a 50‑day war.
  • The permitted fishing zone was expanded to six nautical miles as part of the agreement.
  • Gaza previously exported up to 1,200 tons of fish annually before the blockade tightened.

References

Frequently Asked Questions

When was the last time Gaza exported fish to the West Bank?
In 2007, before the blockade halted such exports.
How much fish was shipped this time?
More than 730 kilograms of fish were exported.
What is the significance of this shipment?
It marks a symbolic easing of Israel’s blockade and tests the intentions behind the relaxation.
How far can Gaza fishermen now travel?
The fishing zone has been expanded to six nautical miles.
How much did Gaza export before the blockade?
Gaza used to export up to 1,200 tons of fish annually to the West Bank.

Tags

Related Articles

Image for Global Banking & Finance Review Awards® 2026: Stag Fund Management Wins Best Private Equity Fund Manager Portugal 2026

Global Banking & Finance Review Awards® 2026: Stag Fund Management Wins Best Private Equity Fund Manager Portugal 2026

Image for Global Banking & Finance Review Awards® 2026: TA Investment Management Berhad Wins Dual Honours by Global Banking & Finance Review®

Global Banking & Finance Review Awards® 2026: TA Investment Management Berhad Wins Dual Honours by Global Banking & Finance Review®

Image for The Quiet Repricing: What Investors Are Only Beginning to Notice

The Quiet Repricing: What Investors Are Only Beginning to Notice

Image for The Return Puzzle: Why Investing Is No Longer What It Seems

The Return Puzzle: Why Investing Is No Longer What It Seems

Image for The Silent Rotation: Where Smart Capital Is Moving Next

The Silent Rotation: Where Smart Capital Is Moving Next

Image for The Timing Trap: Why Modern Investing Is No Longer About When

The Timing Trap: Why Modern Investing Is No Longer About When

More from Investing

Explore more articles in the Investing category

Image for The Invisible Drivers: What’s Really Moving Investment Returns Today
The Invisible Drivers: What’s Really Moving Investment Returns Today
Image for The Exposure Shift: What Investors Are Quietly Prioritising Now
The Exposure Shift: What Investors Are Quietly Prioritising Now
Image for The Hidden Equation: Why Investing Is Being Rewritten Beneath the Surface
The Hidden Equation: Why Investing Is Being Rewritten Beneath the Surface
Image for The Allocation Illusion: Why Investment Returns Are Shifting in Plain Sight
The Allocation Illusion: Why Investment Returns Are Shifting in Plain Sight
Image for The Allocation Paradox: Why the Smartest Investors Are Rethinking Everything
The Allocation Paradox: Why the Smartest Investors Are Rethinking Everything
Image for The Allocation Shift: Where Global Investing Is Quietly Being Rewritten
The Allocation Shift: Where Global Investing Is Quietly Being Rewritten
Image for The Capital Code: What Investors Are Really Following Now
The Capital Code: What Investors Are Really Following Now
Image for The Capital Shift: Where Smart Money Is Quietly Moving
The Capital Shift: Where Smart Money Is Quietly Moving
Image for Operational Challenges of Managing Digital Asset Funds
Operational Challenges of Managing Digital Asset Funds
Image for Standard Chartered Bank India Honoured with Multiple Prestigious Titles at the 2026 Global Banking & Finance Review Awards®
Standard Chartered Bank India Honoured with Multiple Prestigious Titles at the 2026 Global Banking & Finance Review Awards®
Image for Global Banking & Finance Review Awards® 2026: RCBC Capital Corporation Wins Dual Honours for Sustainable Finance and Project Finance Excellence
Global Banking & Finance Review Awards® 2026: RCBC Capital Corporation Wins Dual Honours for Sustainable Finance and Project Finance Excellence
Image for Global Banking & Finance Review® Awards 2026: LarrainVial Asset Management Secures Multiple Prestigious Honours Across Latin America
Global Banking & Finance Review® Awards 2026: LarrainVial Asset Management Secures Multiple Prestigious Honours Across Latin America
View All Investing Posts