The interdependence between the Paris Protocol trade regime and structure and sources of revenue

The Palestinian trade and taxation policy framework was established in accordance with the Paris Protocol, as the West Bank and Gaza Strip came under the jurisdiction of PNA for a transitional period that was stipulated to last for only five years. The Protocol shapes the main policy framework for the management of economic affairs by PNA, not only in terms of external trade relations, but also in terms of financial, monetary and other economic relations with Israel, including policies related to importing, taxation, banking, insurance, water and energy. As mentioned earlier, this study is not concerned with assessing the deteriorating economic conditions associated with the Protocol, which has been elaborated in numerous other studies. Instead, this study is mainly concerned with investigating the fiscal and tax revenue aspects of the Protocol, in relation to the trade and taxation policies of Israel, identified in article III of the Protocol (for more information, see UNCTAD, 2014a).

Sustainable Development Goals:

No Poverty

Decent Work and Economic Growth