Economic sanctions now: the EU is Israel’s largest investor
On Tuesday 15 July, European Union (EU) foreign ministers are meeting in Brussels to decide whether to impose sanctions on Israel. This is a crucial moment for the EU to draw a red line and stop pumping billions of euros into Israel’s economy, fuelling genocide and occupation. SOMO’s analysis of trade and foreign investment into and from Israel reveals how deeply intertwined the European and Israeli economies are. Based on this analysis, SOMO calls for the immediate suspension of the EU-Israel Association Agreement, along with a full arms embargo, extensive economic sanctions and corporate accountability.