Dhaka, Sept. 17 -- With global anger mounting over the nearly two-year war in Gaza, Israeli Prime Minister Benjamin Netanyahu warned Monday that Israel is facing a "kind of isolation" that could last for years, and has no choice but to stand on its own.

Speaking at a finance ministry conference, Netanyahu said Israel's economy would need to adapt to "autarkic characteristics" becoming more self-sufficient and less reliant on external trade.

"It's a word I hate," Netanyahu said, adding that it was he who had brought a "free-market revolution to Israel."

One of the key industries facing isolation is weapons trade, he said, which may force Israel to avoid reliance on foreign arms imports.

"We'll need to develop our weapons industry - we'...