Tag: Norway

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 Member of Parliament Ågot Valle, spokesperson on foreign affairs for the party, spoke out about Norwegian investment in the Africa Israel Investments company. “No doubt we as a party cannot support investment in a company that violates human rights, contributes to an occupation and war,” Valle said in a telephone interview.

The company, owned by Israel’s richest businessman, Lev Leviev, invests in settlements and owns construction companies involved in building both the separation wall and illegal settlements in the West Bank.

Valle’s party is encouraging the ethics committee to be thorough in its assessment, but added that if it finds investing in Africa Israel Investments ethical, “then the ethics guidelines must be re-written.”

The visit was, in part, to solidify the Socialist Left position over the ethics committee findings and over Norwegian investments in the Israeli company, but it was also a chance to “see for ourselves” the realities in the area.

Delegates who had never been to the area were “shocked” at the “strategically planned settlements,” checkpoints and 30-foot-high border wall snaking across the West Bank, as well as “some heavy destruction” in the Gaza Strip. The delegation, including three members of Parliament, was denied entry to the coastal area Tuesday without explanation. A second attempt was successful.

Following the tour, which will finish this week, MP Valle noted that the delegation could not help asking themselves, “After seeing the situation here; does Israel really want peace?”

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 equality in Israel/Palestine by divesting from all companies involved in the Israeli occupation.

These Israeli organizations include feminist organizations and community centers, peace and human rights organizations, organizations concerned with civil rights and equality within the state of Israel and organizations dedicated to ending the occupation of Palestinian territories, to the benefit of all people living in Israel/ Palestine.

This appeal follows and expands a previous call on the Norwegian fund, by two Palestinian West Bank villages and eleven other organizations from around the world to divest from Africa-Israel, an Israeli corporation involved in building Israeli settlements on occupied Palestinian land.

But Africa-Israel is not the only settlement-builder on the fund’s investment portfolio. As shown by a recent report by Who Profits from the Occupation research, at least 30 other companies have a continuous involvement in the occupation: some build illegal Israeli settlements or provide vital services to them; some provide specifically designed equipment for the surveillance and repression of Palestinian population through restrictions of movement and collective punishments; some exploit Palestinian labor and natural resources.

The examples listed also include international corporations such as the Belgian Bank Dexia, which finances Israeli illegal settlements’ municipalities by long term loans, or the Mexican Cemex and the German HeidelbergCement, both giant construction materials’ suppliers that own and operate Israeli plants and quarries on occupied land, and thus both contribute to the Israeli illegal colonization of Palestinian lands, and exploit the Palestinian nonrenewable natural resources, for the needs of the Israeli economy and in violation of international law.

The letter is framed as a general appeal to the Norwegian people, mentioning the Norwegians’ “long-standing commitment to peace, justice and democracy” in Israel/Palestine, and presenting the current investment in corporations that “support and maintain the Israeli occupation” as contradicting the Norwegian governments’ own policies, as well as the pension fund’s own ethical guidelines, which preclude investments in companies involved in gross violations of human rights or humanitarian principles. Copies have been sent to Norwegian civil society organizations, ministers and parliamentarians.