12 more EU states warn against business with Israel


4 July, 2014 PressTV

illegal israel-settlement.maale adumim
Illegal Israeli Colony – Ma’ale Adumim. Reuters

Twelve member states of the European Union (EU) have warned their nationals against doing business in Israeli settlements built on the occupied Palestinian territories.

Israeli media reported on Friday that the group, comprised of Austria, Malta, Ireland, Finland, Denmark, Luxembourg, Slovenia, Greece, Slovakia, Belgium, Portugal and Croatia, said the settlements in the occupied West Bank, East al-Quds (Jerusalem) and Golan Heights are illegal and doing business with them carries legal and financial risks.

“Financial transactions, investments, purchases, procurements as well as other economic activities (including services like tourism) in Israeli settlements or benefiting Israeli settlements, entail legal and economic risks stemming from the fact that the Israeli settlements, according to international law, are built on occupied land,” they said in their statement.

Earlier, France, Italy and Spain issued their own warnings, joining Britain and Germany, which have already issued similar warnings, telling their citizens to avoid financial investments in the settlements.

Israel has always defied calls, even from its Western allies, to stop building settler units in the occupied Palestinian territories.

The international community regards all Israeli settlements built on the occupied Palestinian land as illegal. International criticism is growing against Israel’s settlement activities.

More than half a million Israelis live in over 120 illegal settlements built since Israel’s occupation of the Palestinian territories of the West Bank and East al-Quds some 47 years ago.

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