Palestinians spend nearly $500 million a year on commodities produced in Jewish settlements built on occupied Palestinian territories.
"Palestinians give the settlements almost half of their annual income by buying their products," Sultan Abul-Einien, the head of the Palestinian NGOs Affairs Commission, told Anadolu Agency on Sunday.
He noted that some of the Jewish settlements constructed in the West Bank are industrial and agricultural communities.
In 2013, around 19,000 Palestinians worked in Jewish settlements, according to the Palestinian Central Bureau of Statistics.
Abul-Einien's commission, however, puts the number at nearly 25,000 Palestinians.
In 2010, the Palestinian government issued a ban on the products of the Jewish settlements.
Palestinian Economy Minister Jawad Naji said his government hopes to make Palestinian markets free from Israeli settlement products by the year 2015.
"We will then launch a project for the support of Palestinian products," he told AA.
Imports from Israel amount to around 70 percent of the Palestinian imports and cost around $3.4 billion every year.
An Israeli committee approved last week building permits for 2,269 settlement units in the occupied West Bank.
Palestinians insist that Israeli settlement building must stop before a comprehensive peace agreement can be reached.
Both the U.N. and the U.S. consider Israeli settlement activity on occupied Palestinian land to be a breach of international law.
AALast Mod: 30 Mart 2014, 22:27