Palestinian Authority President Mahmoud Abbas signed a law that bans products made in West Bank settlements.
The law, signed Monday, is designed to build support for an international ban on settlement goods, Reuters reported, specifically among European Union states.
Palestinians found in possession of goods produced in West Bank settlements will face fines and jail terms, according to Reuters.
Products from Israel within the pre-1967 borders are not included in the ban.
Palestinian officials estimate that Israeli-run companies in the settlements sell goods worth $500 million per year to Palestinians in the West Bank, according to Reuters.