estrella posted an update 1 week, 2 days ago · updated 1 week, 2 days ago
“Israel has good reason to fear greater transparency. Bad publicity would most likely drive many of these firms, a few of them household names, out of the settlements under threat of a consumer backlash and a withdrawal of investments by religious organizations and pension funds.
The UN has reportedly already warned Coca-Cola, Teva Pharmaceuticals, the defense electronics company Elbit Systems and Africa Israel Investments of their likely inclusion. Israeli telecoms and utility companies are particularly exposed because grids serving the settlements are integrated with those in Israel.
There is an added danger that the firms might be vulnerable to prosecutions, should the International Criminal Court at The Hague eventually open an investigation into whether the settlements constitute a war crime, as the Palestinian leadership has demanded.
The exodus of these firms from the West Bank would, in turn, make it much harder for Israel to sustain its colonies on stolen Palestinian land.” (from article)