The cabinet voted 21-2, Sunday afternoon to approve theagreementreached by theMinistry of FinanceandIsraelChemicalsfor fundingprotection of theDead Sea, harvesting its saltsandraising royaltiesthe company will pay to the state.
Finance MinisterYuvalSteinitzpraised the vote, noting "The agreement, togetherwiththe recently-passed amendment to theEncouragement of Capital Investments Law,will bring inhundreds of millions ofshekelsto a billion shekels each year."