Israel Finance Minister Bezalel Smotrich wants to bring the Costco Wholesale chain to Israel, according to a report by Yehuda Shlezinger in Israel Hayom. Costco is the largest wholesale chain in the US, and the ninth largest in the world, and is considered the second largest food chain in the world after Walmart.
In a letter that Smotrich sent to the managers of the chain, he wrote that “the Israeli government has set itself the goal of increasing Israeli competition in the food market in Israel. It would be a great achievement if international players like your company enter. We want to interest you in entering the Israeli market, we have an opportunity and shared goals.”
Smotrich said he hopes to meet with the heads of the company during his next visit to the US.
Costco’s entry into the Israeli market could cause a major shakeup and reduction in prices.
Its entry into Israel would also be one less excuse for not making Aliyah.
