EU refuses Israeli request on sanctioned firms

The European Union has turned down a request by Israel to ease sanctions on firms involved in illegal settlements in the West Bank.

EU refuses Israeli request on sanctioned firms

World Bulletin / News Desk

The European Union has rejected Israeli requests to ease EU-imposed sanctions on Israeli firms involved in illegal settlement projects in East Jerusalem, the West Bank and the Golan Heights. This has put the planned Horizon 2020 scientific cooperation agreement between Israel and the EU in jeopardy.

As well as being forbidden from providing grants, scholarships or prizes to Israeli firms involved in the illegal settlement projects, EU agencies and funds are also forbidden from providing loans to all Israeli bodies involved, even if only indirectly.

According to the Israeli Haaretz newspaper, Israel has requested that loans are not held back from firms indirectly involved in the settlements, and that instead of conforming to the EU demand that Israeli firms who request EU loans state whether or not they are involved in projects over the green line, that they simply state that they are following all EU regulations.

The Israeli Foreign Ministry stated that the EU responded negatively to these requests, but has not yet issued a reply to the EU.

The proposed Horizon 2020 initiative now looks unlikely to go through, unless Israel can guarantee that the €300 million that would be provided to Israeli research institutions over the next 7 years will not be transferred to sanctioned bodies.

Last Mod: 27 Kasım 2013, 17:24
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