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April 17, 2014 / 17 Nisan, 5774
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Posts Tagged ‘Disinvestment’

Norway’s Fund Reinstates Boycott of Israeli Firms Linked to Yesha

Thursday, January 30th, 2014

Norway has reinstated its 2010 boycott of two Israeli companies because their operations included activities in Judea and Samaria, The Wall Street Journal reported Thursday.

The Finance Ministry of Norway also said it secluded an Indian copper and metal producer due to “an unacceptable risk of serious environmental damage and serious violations of human rights.”

The Israeli firms that won’t be included in the government’s $812 billion fund are Africa Israel Investments Ltd., part of Lev Leviev’s empire, and Danya Cebus.

Norway said the companies contributed to “serious violations of individuals’ rights “because they are involved with building homes for Jews in parts of Jerusalem where Norway the United Nations considers them “illegal settlers.”

The fund had excluded both companies from 2010 until last August, when they were put back on the “okay” list after African Israel said it had no plans to build more homes in Judea and Samaria or areas in Jerusalem claimed by the Palestinian Authority.

However, Danya Cebus later confirmed it indeed was building in “eastern” Jerusalem

Printed from: http://www.jewishpress.com/news/breaking-news/norways-fund-reinstates-boycott-of-israeli-firms-linked-to-yesha/2014/01/30/

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