"Campaigners for Palestinian rights are celebrating after the primary Israeli agricultural produce export company Agrexco, which has been a key target of the boycott, divestment and sanctions (BDS) movement in support of Palestinian rights, has been ordered into liquidation after being unable to pay its creditors.
Agrexco is a partially state-owned Israeli exporter responsible
for the export of a large proportion of fresh Israeli produce,
including 60-70% of the agricultural produce grown in Israel’s
illegal settlements in Occupied Palestinian Territories (OPT). In
a translation of the court documents on the liquidation process
that the BNC obtained, it is clearly stated that Agrexco acted as
an arm of the Israeli state, effectively providing state subsidies
to the agricultural sector. The documents indicate criticism of
the government for allowing the company to default on its debts
and also warn that Agrexco is a primary Israeli symbol and that
its downfall is likely to have great implications."
Agrexco is a partially state-owned Israeli exporter responsible
for the export of a large proportion of fresh Israeli produce,
including 60-70% of the agricultural produce grown in Israel’s
illegal settlements in Occupied Palestinian Territories (OPT). In
a translation of the court documents on the liquidation process
that the BNC obtained, it is clearly stated that Agrexco acted as
an arm of the Israeli state, effectively providing state subsidies
to the agricultural sector. The documents indicate criticism of
the government for allowing the company to default on its debts
and also warn that Agrexco is a primary Israeli symbol and that
its downfall is likely to have great implications."
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