The eight-day Israeli assault on Gaza has resulted in $300 million in economic damage, a Palestinian Chamber of Commerce report concludes. The document also calls for the Gaza Strip to be recognized as an economic disaster area.

­The report covered damages to the agricultural, health and social sectors. The occupied territory’s agrarian segment suffered $120 million in damage. The eight-day halt to economic activities resulted in $40 million lost. The rest of the sum comes from destroyed buildings and infrastructure that was impaired by Israeli airstrikes, Xinhua reported