Israeli Prime Minister Benjamin Netanyahu says during an economic press conference that Israel must develop its defense industry to be self-sufficient to ensure its security, warning that efforts to halt military imports to Israel are caused by political – not economic – considerations, APA reports citing Times of Israel.
“My remarks were on the attempt to restrict the import of parts, components, weapons, or raw materials – and that indeed is something that does not operate according to market economics, but according to political economics —-governments, leaders, politics,” he says, insisting the economy was sound.
The prime minister says Israel must “develop these ourselves, arm ourselves, and ensure we have the ability to defend ourselves,” even if that requires moving temporarily to “a centralized, closed economy, something I generally dislike—I prefer open markets.”
“But here, I want to take all the necessary steps to build a strong, independent defense industry. If there is one lesson from this war, this is it,” he says.