Tuesday, December 10, 2013

UK gives British businesses guidelines on investing in West Bank settlements

I presume Saudi Arabia's best friend has pissed off some people in the UK.  Hey, but who needs UK when rich old sugar daddy SA is at hand to pick up the tabs.

From Haaretz:
....The British government  issued new recommendations to its business community last week, warning citizens against doing business with individuals or entities in Israeli settlements.
“EU citizens and businesses should also be aware of the potential reputational implications of getting involved in economic and financial activities in settlements, as well as possible abuses of the rights of individuals,” reads the warning on the U.K. Trade and Investment site, in its “Overseas Business Risk Report” for Israel, which is part of a larger survey by the trade agency that makes recommendations regarding the risks of doing business in various parts of the world.
“The U.K. has a clear position on Israeli settlements: The West Bank, including East Jerusalem, Gaza and the Golan Heights are territories which have been occupied by Israel since 1967. Settlements are illegal under international law, constitute an obstacle to peace and threaten to make a two-state solution to the Israeli-Palestinian conflict impossible. We will not recognise any changes to the pre-1967 borders, including with regard to Jerusalem, other than those agreed by the parties,” the warning reads...........

...........The recommendation also sympathetically acknowledges “the concerns of people who do not wish to purchase goods exported from Israeli settlements in the Occupied Palestinian Territories.”
However, the recommendation stresses, “The U.K. Government is deeply committed to promoting our trade and business ties with Israel and strongly opposes boycotts.”........

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