Aug 27, 2010

Europe's economic boycott of Israel expanding

Recent months see sharp rise in number of European companies withdrawing investment from Israeli firms for political reasons. 'The damage is huge,' says glass factory owner from Ariel

The decision by Norway's oil fund to withdraw its investment from Africa-Israel and Danya Cebus citing their involvement in settlement construction is the latest step in an ever expanding list of European private and governmental companies boycotting Israeli firms for political reasons.

Most of the cases pertain to claims of products being manufactured outside the Green Line and therefore in "occupied territory." Some of the cases serve as political protest against Israel's policy towards the Palestinians.

Yet, one point is uncontested: Recent months have seen a climb in the scope of the boycott of Israeli products imposed for political reasons.

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