Swedish pension fund bans Israeli firm
PressTV / PressTV
31-Mar-2010 (one comment)

The 709-kilometer separation wall isolates Palestinian orchards and
cuts the locals from hundreds of hectares of their land.

Sweden's biggest retirement fund boycotts an Israeli electronics
company involved in the operation of the surveillance system installed
on the West Bank separation barrier.

The Israeli army's Elbit Systems has been barred by the Forsta
AP-Fonden pension fund in protest to the firm's role in the construction
of the "apartheid wall" erected deep inside the Palestinian
territories.

The separation wall runs 709 kilometers (435 miles) through the West
Bank, isolates Palestinian orchards and cuts the locals from hundreds
of hectares of their land. This is leading to the total isolation of the
Palestinian Plains — the fruit basket of Palestine — in the Jordan
valley area.

The Swedish Pensions fund stated on its website that the Ethical
Council urged the boycott of Elbit Systems due to the company's
involvement in the Annexation Wall, which Stockholm deems illegal under
international law.

Israel has been pushing ahead with the erection of the separation
wall, defying the 2004 advisory ruling of the International Court at The
Hague which said the move violates international law.

In September 2009, the State Pension Fund in Norway also decided to
boycott the Haifa-based Elbit Systems, infuriating T... >>>

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Israel regrets Swedish funds' exclusion of firm

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