RAMALLAH, October 10 (JMCC) - Want to know how the opening of Gaza
's borders to more produce and goods has effected the economy? The Independent
has the answer, describing the ups and downs of the Abu Dan apparel factory - once one of the largest producers in the Gaza Strip.
Yet for companies like the Abu Dans' – whose decades-old, $1.5m factory was the biggest clothing enterprise in Gaza – the easing of the embargo had a perverse effect. With the ban on exports still in force, the family was now hard pressed even to sell to the local market, because of its flooding by – often Chinese made – cheap clothing coming through Israel. They talk about easing the embargo but that means allowing in finished goods which we cannot compete with. Believe me, things are worse for us now than before it happened, says Mr Abu Dan. Read
the story at the Independent