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Israel panics as the movement to end its illegal occupation gains serious momentum
A new briefing by a policy thinktank has shown how sales for the biggest Israeli defence company have suffered because of growing support for Palestine, proving that the Boycott, Divestment and Sanctions (BDS) campaign against Israel’s illegal occupation is working.
Al Shabaka, an ‘independent and non-partisan non-profit organisation’, has written a new briefing called The “S” in BDS: Lessons of the Elbit Systems Campaign. In it, the authors describe how sales for one of the biggest Israeli defence companies may have decreased by 40% in three years.
But in reality, it’s Israel itself that has been sounding alarm bells, saying it is facing a decline in international business due to an overall trend of ‘smaller budgets, more competition, and less desire for Israeli-made products’.
BDS will win
In light of sustained abuses of Palestinian human rights, there has been a call for a complete military embargo against Israel.
The fruits of this labour are now becoming apparent, as the following actions have taken place:
- A dozen financial institutions no longer invest in Elbit Systems.
- There have been temporary freezes of arms deals and refusals for arms export licences.
- The UK revoked five arms export licences after the 2008-9 Israeli assault on Gaza.
- Spain froze arms sales after Israel’s 2014 assault on Gaza.
- Norway has consistently refused arms export licences to Israel.
- South Africa has ceased military relations with Israel.
The decrease in profits for Israel’s military industrial complex shows this is more than symbolic, despite a 1% increase in global military spending altogether.
Philosophers stone – selected views from the boat http://philosophers-stone.co.uk
Source: http://www.philosophers-stone.co.uk/?p=14025
