Israel Chemicals, which harvests minerals from the Dead Sea, declined to comment on the sanctions campaign. Tel Aviv-based Israel Chemicals was among the companies targeted by the Israel Divestment Campaign in an effort to get the California Public Employeesâ Retirement System to sell off its shares in 2010. and Europe toward Africa, Asia and Latin America, Prime Minister Benjamin Netanyahu said at the annual Washington conference in March of the America-Israel Public Affairs Committee. Non-Traditional PartnersĪttempts to “boycott, divest and sanction Israel” are driving business from traditional trading partners in the U.S. Secretary of State John Kerry said Israel risked “being an apartheid state” in comments he later apologized for. (POLI) and other Israeli lenders last year. PGGM, the Dutch asset manager with $200 billion, rebuffed Bank Hapoalim Ltd. from its portfolio because the Tel Aviv-based company has construction and real estate activities in Jewish West Bank settlements. Norway’s $880 billion sovereign wealth fund, the world’s biggest, excluded Africa-Israel Investments Ltd. About 350,000 Israelis live in settlements there amid 2.3 million Palestinians. International funds that manage more than $1 trillion have divested from Israeli companies as Palestinians have turned to economic sanctions in their campaign to end Israel’s 47-year-old occupation of the West Bank. There’s a push to spread the export base to “countries that are more agnostic about the state of Israeli-Palestinian relations,” he said. Israeli companies and politicians are “sensitive to the issue of isolation,” said Terence Klingman, head of research at Psagot Investment House Ltd. The company is looking to turn around the worst stock return this year on the Tel Aviv benchmark stock index. (ICL) Ofer was in Ethiopia last month to inspect his latest investment in a $642 million potash mining project.
and billionaire Idan Ofer’s Israel Chemicals Ltd. (ESLT), irrigation equipment maker Netafim Ltd. Israel’s government is leading 50 executives this week on a tour of Africa in a bid to diversify business interests amid the threat of international boycotts and irritation over new corporate taxes.įoreign Minister Avigdor Liberman is seeking deals in the world’s fastest-growing economies for companies including defense contractor Elbit Systems Ltd.
Israel’s Foreign Minister Avigdor Liberman is seeking deals in the world’s fastest-growing economies for companies including defense contractor Elbit Systems Ltd., irrigation equipment maker Netafim Ltd.