Aug 26, 2010

The Politics of economics: The boycott on Israel is expanding

The decision made on Monday by the Norwegian oil fund to divest from Africa Israel and Danya Cebus on the grounds that they are involved in illegal construction in the territories, is only the latest in a long series of decisions by governmental and private companies in Europe to boycott Israeli companies for political reasons.
In most cases, the argument is that the products were manufactured over the Green Line, and are therefore in the “occupied territories.”  At times, this refers to a political protest against Israel’s policy towards the Palestinians, for example, in response to the flotilla events.  One thing is not in question: In recent months, there has been an escalation in the boycott of Israeli brands for political reasons.
“Since the Palestinians announced a boycott on products from the territories, I have had a 40% drop in production in recent months,” said yesterday Avi Ben-Zvi, owner of Plastco, a glass plant in Ariel, “exports to Europe have completely stopped, and traders in the territories have stopped working with us.  The damage is huge.”

No comments:

Post a Comment