Finance Minister Moshe Kahlon
Finance Minister Moshe Kahlon Hadas Parush/ Flash 90

Minister of Finance Moshe Kahlon and MInister of Health Yaakov Litzman amended a bill today which relates to the definition of ketchup, in an attempt to foster greater competition on the ketchup market.

According to the original content of the bill, only products that had a certain level of tomato concentrate could be labelled as "ketchup." Israeli ketchup generally contains a high level of tomato concentrate, such that competition from foreign imports was largely stymied.

The new amendment, however, removes the requirement for such a large concentration, thus allowing for greater competition on the ketchup market.

The ketchup market is a significant one in Israel; as of now, it generates 220 million shekels in income a year.

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