€8.5 Million EU4Commerce Initiative Launched to Support Upgrading the Commercial Crossings for Palestine (opens original article in a new tab)

The EU, Palestinian Ministry of National Economy, and UNOPS launched the €8.5 million EU4Commerce project to modernize trade infrastructure and improve commercial crossings in Palestine. The initiative aims to reduce trade costs and delays, enhance logistics, and boost economic resilience through a two-phase approach.

• EU4Commerce is an €8.5 million project to modernize trade infrastructure in Palestine.
• The project includes a 36-month two-phase approach to streamline logistics and reduce trade costs.
• It aims to transform the King Hussein Bridge into an efficient transit gateway and improve cold-chain storage for agricultural products.