[30 Jan 2014] Norway wealth fund bans investing in 2 Israeli settlement building firms - English

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30 Jan 2014 Norway wealth fund bans investing in 2 Israeli settlement building firms PTV Presstv English Norway huge sovereign wealth fund has blacklisted two Israeli firms involved in the construct

Norway\'s huge sovereign wealth fund has blacklisted two Israeli firms involved in the construction of settlements in East Jerusalem al-Quds. The sanctioned companies are Africa Israel Investments, which is an Israeli real-estate developer, and its construction subsidiary, Danya Cebus. The world\'s biggest wealth fund has slammed their construction activities as a contribution to serious violation of individual rights in the occupied territories. The move is the renewal of a three-year ban on investment in these firms. It was repealed by the Government Pension Fund of Norway in August last year. Israeli settlements are illegal under international law. Recently, the European Union asked Tel Aviv not to announce new settlement constructions. It said such an act would be an acute threat to the progress of the so-called peace talks between the Palestinian Authority and Israelis.

Added by PTV on 31-01-2014
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