Israel announces new restrictions on ecommerce
Israel has announced new restrictions for online commerce, but not for the ecommerce major eCommerce major ecommerce londria, the most important player in the Israeli ecommerce market, is still a viable business option.
“Ecommerce is a key part of Israel’s future growth and has long been a popular alternative to other forms of commerce,” the government said in a statement.
“We are not ruling out a future restriction on online commerce.”
The announcement was made in a joint announcement between the ministry of industry and trade and the Ministry of Culture and Sports.
The move follows the ban imposed on online sales by the government earlier this month, which meant the import of products from abroad, including from Israel, could be suspended.
The ban on e-commerce in Israel came into effect in October, and has since been extended for a month.
“Israel will continue to strengthen its role in online commerce to meet the growing demand of its consumers,” the statement said.
The ministry has set up a special section of the ministry to oversee online ecommerce and has instructed officials to develop and implement measures to safeguard the privacy and security of consumers and sellers.
Ecommerce was initially banned in 2013 following a series of attacks on its e-Commerce major, but has since grown exponentially.
Since then, the ministry has issued new regulations on eCommerce, which include new requirements for the purchase and sale of items, online storage of personal data and reporting on online transactions.