Sources report that German officials are pushing for the European Union to suspend Israel's associated state status in the EU until Israel returns all currently held detainees to their respective countries.
This tie between Israel and the EU has existed since 1995 when the Association Agreement (AA) was signed.
The agreement incorporates many free trade arrangements between the EU and Israel and suspension of this association would have massive negative ramifications for the Israeli economy.
Approximately 33% of Israel's exports go to the EU and more than 40% of its imports come from the EU.
This move, if approved, could have long lasting geopolitical implications and permanently alter the EU's relationship with Israel.
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