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Norway Votes Down Blanket Ban by Wealth Fund on Israeli Companies Active in West Bank_ Gaza

  • Norwegian lawmakers voted 88 to 16 against a proposal to divest from companies linked to Israel's activities in the West Bank and Gaza Strip.
  • Finance Minister Jens Stoltenberg stated that the fund's investments do not violate Norway's international obligations and follow ethical guidelines set by Parliament.
  • Francesca Albanese, a UN special rapporteur, expressed concerns about the fund's support of companies involved in violations within occupied Palestinian territories.
  • The Labour government has faced pressure from pro-Palestinian campaigners to align the fund's investments with the country’s legal obligations regarding international law.
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Parliament in Norway has rejected, by a clear majority, the withdrawal of the SWF from Israeli companies.

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Ynet News broke the news in Tel Aviv-Yafo, Israel on Wednesday, June 4, 2025.
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