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Israeli government and business leaders are alarmed by a growing international boycott movement and the likely effect of EU measures against exports from Jewish settlements in the occupied West Bank.The European Union recently moved to block all grants and funding to any Israeli entity operating beyond the 1967 lines, sparking growing alarm in Israel.Israel is a country dependent on exports, with 33 percent of its foreign trade conducted with the European Union, he told a security conference.Last May, the Palestine Liberation Organization published an estimate of EU imports of goods produced on settlements, which it put at 229 million euros a year.Senior executive Yonah Lloyd told the Jerusalem Post that would mean making 800 Palestinians and 500 Israelis jobless.
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