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Report: EU adds Modiin to settlement exports list

Aug. 15, 2012 7:52 P.M. (Updated: Aug. 15, 2012 7:52 P.M.)
TEL AVIV, Israel (Ma'an) -- The European Union has added the Modi’in-Maccabim-Reut municipality to a list of settlements whose products can not receive tax breaks, Israeli media reported Tuesday.

Israel's Haaretz newspaper said the municipality, which is located in a so-called "no man's land" straddling a strip of land between Israel and the West Bank, will no longer be recognized as inside Israel.

The designation is noted for tax purposes under a free trade agreement with the EU.
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