Norway fund expels Israel firm for barrier work

Norway fund expels Israel firm for barrier work

Norway’s $400 billion-plus wealth fund has excluded Israeli company Elbit Systems (ESLT.TA) for supplying surveillance equipment for the separation barrier in the West Bank, the government said on Thursday.

“We do not wish to fund companies that so directly contribute to violations of international humanitarian law,” Finance Minister Kristin Halvorsen said in a statement.

“The freedom of movement of the people living in the occupied territory has been unacceptably restricted,” she said.

Halvorsen said the International Court of Justice has said the barrier construction breaches the Fourth Geneva Convention and that “Norwegian authorities act in accordance with this.” [continued…]

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