US EditionNorway set to reject calls for blanket ban by wealth fund on companies in Israeli-occupied areas, source says
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Norway said to reject calls for blanket ban by wealth fund on companies in Gaza, Judea and Samaria
At the end of last year, the fund had just over $2 billion invested in 65 Israeli companies, or 0.1 percent of its total. By Reuters and Algemeiner Norway’s parliament is poised to reject campaigners’ calls to instruct its $1.8 trillion wealth fund to boycott any company selling products and services in the Palestinian territories, according to a person familiar with the process. A majority in the Norwegian parliament’s finance committee has dec…
Norway Said to Reject Calls for Blanket Ban by Wealth Fund on Companies in Gaza, West Bank
An armed police officer guards the main entrance to the Norwegian parliament in Oslo, Norway April 3, 2024. Photo: REUTERS/Gwladys Fouche Norway‘s parliament is poised to reject campaigners’ calls to instruct its $1.8 trillion wealth fund to boycott any company selling products and services in the Palestinian territories, according to a person familiar with the process. A majority in the Norwegian parliament’s finance committee has decided that …
Norway to reject boycott of firms linked to Israel’s occupation
Norway's parliament is poised to reject campaigners' calls to instruct its $1.8 trillion wealth fund to boycott any company selling products and services in the occupied Palestinian territories, according to a person familiar with the process. A majority in the Norwegian parliament's finance committee has decided that only companies that can be linked to the violation of international law should be excluded from the fund's portfolio, not just an…
The Straits Times
MSNNorway set to reject calls for blanket ban by wealth fund on companies in Israeli-occupied areas, source says
OSLO - Norway's parliament is poised to reject campaigners' calls to instruct its $1.8 trillion wealth fund to boycott any company selling products and services in the occupied Palestinian territories, according to a person familiar with the process.
Norway's sovereign wealth fund, one of the largest in the world, will only boycott companies that "actually violate international law" - and not every presence in the Judea and Samaria territories will lead to a boycott.
The majority of the Norwegian parliament's budget committee rejects ordering the country's oil fund to boycott companies that sell goods and services in the occupied Palestinian territories. Only companies that can be directly linked to violations of international law may be boycotted.
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