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UK Suspends Trade Talks with Israel Amid Gaza Famine Crisis

UK Suspends Trade Talks with Israel Amid Gaza Famine Crisis

The UK has announced the suspension of trade agreement negotiations with Israel in response to its actions in the Gaza Strip. The UK ranks as Israel's eighth-largest export market, with last year's trade volume reaching $77 billion and exports valued at $13 billion. Following Brexit, the two countries signed a trade agreement that provides tariff exemptions for most industrial goods, except for food and agricultural products.

The halt in trade talks comes during a period of global trade turmoil, putting considerable pressure on Israel.