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Israeli finance minister orders cancellation of waiver on cooperation with Palestinian banks

Israel cancelled a waiver on Tuesday that had allowed Israeli banks to work with Palestinian ones, threatening to paralyse Palestinian financial institutions, Israel's finance ministry said in a statement.

Reuters WORLD
Published June 10,2025
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Israel's Finance Minister Bezalel Smotrich ordered on Tuesday the cancellation of a waiver on cooperation between Israeli and Palestinian banks, according to a statement by his office.

Smotrich said the decision came against the "delegitimization campaign" by the Palestinian Authority against Israel globally.