Global Issues

Wednesday, June 15, 2011

Boycotts on Israel have little to no impact | The Middle East Magazine

Boycotts on Israel have little to no impact | The Middle East Magazine: "Boycotts on Israel have little to no impact
Posted on June 15, 2011 12:54 pm by mideastmag

“Boycotts will have low impact on growth in Israel”

Financial Immunities: The ability of organizations to pinpoint Israeli targets and run effective consumer boycotts against them, is almost non-existent.

“The current risk to Israel’s economic growth from an economic boycott is very minor and limited,” Financial Immunities Ltd. CEO Adam Reuter told “Globes” today. “Of the various boycotts, diplomatic, academic, cultural, and economic, that may be imposed on Israel as a result of moves initiated by the Palestinian side after the declaration of the state of Palestine by the UN General Assembly in September, the economic boycott is the one that will most hurt the average Israeli,” he added."

The article concludes:

Financial Immunities says that an economic boycott should be considered an act of war: “Israel’s policy makers should make clear to the world that the Palestinians will mainly harm themselves if they lead economic boycott moves. Israel has tremendous ability to hurt the Palestinian Authority economically, and is likely to use this weapon.”

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