NSA Doval, during his meeting with Israeli Prime Minister Benjamin Netanyahu, discussed the delivery of humanitarian assistance to Gaza as well as the release of hostages in Hamas captivity.
The regulations are intended to ease the application of Israeli corporate law to companies that trade on foreign stock exchanges, mainly in the United States, in a way that will allow them to operate under similar regulatory conditions to their competitors in those markets.
The ministry said the sanction is due to the closing of three post offices in violation of a direct order by the Minister of Communications, Shlomo Karai, not to do so.
The dire humanitarian situation affecting Palestinian civilians in Gaza due to the ongoing conflict with Hamas has intensified pressure on Democratic officials, including President Joe Biden, to adopt a tougher stance on Israel.
At least 20 people were killed and 155 injured in shelling on Thursday while they were awaiting food aid in Gaza, CNN reported citing the health ministry in the Palestinian enclave.
The regulations are intended to ease the application of Israeli corporate law to companies that trade on foreign stock exchanges, mainly in the United States, in a way that will allow them to operate under similar regulatory conditions to their competitors in those markets.
The Ministry of Communications informed the Israel Post of its intention to impose a financial sanction on the company in the amount of over one million Shekels (USD 275,000).
The decision is seen as part of an effort by Mahmoud Abbas to reform Palestine, creating a technocratic government in the West Bank that will be better prepared to govern Gaza as well after the conflict between Israel and Hamas ends, the report noted.