In an interview with Euronews, EU High Representative for Foreign Affairs Kaja Kallas confirmed the strategy to suspend trade-related provisions within the Israel-EU Association Agreement.
The EU is Israel’s biggest trading partner. "We have a trade of 42.6 billion euros with Israel, in 2024. So, it is a significant amount. And when it comes to the preferential treatment, then 37% of that trade really has preferential treatments. So definitely this step will have a high cost for Israel", Kaja Kallas confirmed.