Adalah-NY: Norway Divests from Leviev Companies Due to Israeli Settlement Construction

Norway divests from companies illegally building Israeli settlements.

Adalah-NY

FOR IMMEDIATE RELEASE

New York, NY – In a major victory for the international movement for Boycott, Divestment and Sanctions (BDS) against Israel, the Norwegian government announced today that it has divested from Lev Leviev’s company Africa Israel Investments and its construction subsidiary Danya Cebus due to their construction of Israeli settlements in the Occupied Palestinian Territories. The move followed a campaign of more than a year by affected Palestinian villages of Bil’in and Jayyous and by Norwegian, Palestinian, Israeli, and international activist … Continue reading

Why stop with Elbit?

Amira Hass | Ha’aretz

9 September 2009

The question is not why Norway divested from the defense electronics giant Elbit Systems, but why only now, and why only from that company? The country that gave the name of its capital city to what the world thought of as a peace process is still invested in companies involved in construction and development in the West Bank settlements – the principal factor in destroying any chance for peace (at least any peace other than the belligerent demand that the Palestinians say “thank you” for what Israel is willing to give them).

From the outset, … Continue reading

Oslo pressured to dump Africa Israel as well

Nimrod Halpern | Ha’aretz

7 September 2009

A day after Norway announced its divestment from holdings in electronics defense company Elbit Systems for ideological reasons, human rights organizations are calling on Oslo to dump its holdings in Africa Israel Investments as well.

Norway’s problem with Elbit Systems is its provision of equipment to monitor the separation fence between Israel and the Palestinian territories. The human rights organizations’ problem with Africa Israel is the role of subsidiary Danya Cebus in building homes in West Bank settlements, reports the Adnkronos International Web site.

The human rights organization Adalah argues that the Africa Israel group, led … Continue reading

Norway divests from Israel defense firm over ties to West Bank fence

Amira Hass | Ha’aretz

3 September 2009

The Norwegian government has decided to pull all of its investments from Israeli arms firm Elbit as a result of it involvement in the construction of the West Bank separation fence, the Norwegian Finance Minister announced on Thursday.

Kristin Halvorsen, speaking at a Oslo press conference, said that the decision was based on the recommendation of Norway’s Ministry of Finance council on ethics, whose role is to ensure that government investments abroad meet ethical guidelines.

“We do not wish to fund companies that so directly contribute to violations of international humanitarian law,” Halvorsen was quoted as … Continue reading

Norway examines the ethics of its Israel investments

Amira Hass | Ha’aretz

28 July 2009

Norway is reexamining its investments in several Israeli companies, in particular Elbit Systems. Two representatives of the Council on Ethics of the Norwegian finance ministry visited Israel at the beginning of June, in the wake of growing criticism of Israel in Norway in the months following last winter’s Israeli offensive in Gaza. The representatives met with, among others, groups of Palestinians and Israelis who claim that Norway invests in businesses directly involved in the Israeli occupation, which, they say, contradicts its commitment to abide by international law and to a just solution for … Continue reading

Norwegian MP: If investment in occupation acceptable, we must revise ethics guidelines

Ma’an News Agency

15 May 2009

A Norwegian ethics committee is due to travel to Israel and the West Bank in two weeks to assess the investment of the world’s largest government pension fund, The Norwegian Government Pension Fund, in Africa Israel Investments.

In advance of that visit, a delegation of seven members of the Norwegian Socialist Left Party travelled to the West Bank and Gaza Strip this week to see for themselves the Israeli occupation of the West Bank, siege on Gaza and the destruction wrought following Israel’s war on the area last winter.

After under a week in the area … Continue reading

Israeli organizations call on Norway to divest from the Israeli Occupation

Twenty different Israeli organizations send an appeal to the Norwegian people to withdraw Norwegian national pension fund’s investments in all Israeli and international corporations which are involved in the Israeli occupation of Palestinian territories.

“We, Israeli organizations …, call upon the Norwegian people to join us in our efforts and to stop investing in the Israeli occupation of Palestinian territory.”

In an unprecedented way, a wide array of Israeli civil society and grassroots organizations has sent a letter to the Norwegian Pension Fund, addressed to its Council on Ethics, urging it to support their efforts for a just peace and … Continue reading