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Several Islamic Nations Quietly Trade with Israel

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Several Islamic Nations Quietly Trade with Israel – Jacob Atkins

(dailyalert.org, Sept. 15, 2014)

Malaysia, which does not have diplomatic relations with Israel, is importing more and more Israeli products – but not talking about it much. Israeli exports to Malaysia reached $1.457 billion in 2013. Between January and July this year, Israeli exports to Malaysia soared to $884.7 million, a 27% jump over the same period last year. A significant chunk of the trade can be traced to Kiryat Gat in Israel, where global giant Intel has a plant churning out computer chips which it exports to an assembly plant in Malaysia. In addition, there is a heavy current of trade flowing beneath the surface.

A raft of Israeli exporters and buyers in Malaysia and also neighboring Indonesia are braving the political headwinds in order to do business – largely through third countries such as Singapore. The estimated value of trade between Israel and Indonesia runs as high as $250 million. Indeed, hush-hush trade between Israel and hostile states has been going on for decades, through conduits such as Cyprus, Turkey and Jordan. (Times of Israel)

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  • Published: 6 years ago on September 15, 2014
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  • Last Modified: September 15, 2014 @ 10:41 am
  • Filed Under: International, Israel

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