The Knesset approved Friday morning the 'What's good for the US is good for Israel' reform, which opens the Israeli market to products carrying American certification. According to i24NEWS, the legislation allows import, manufacturing, and marketing of goods under US regulatory standards, aiming to reduce regulatory barriers.
The Knesset approved the 'What's good for the US is good for Israel' reform on Friday morning, opening the Israeli market to products carrying American certification. The legislation, which passed the plenum, allows import, manufacturing, and marketing of goods under US regulatory standards. The reform had previously been approved by the Knesset Economics Committee, as The Zioneer reported on June 22. The move is expected to significantly reduce regulatory barriers for US imports and strengthen economic ties with the United States.
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