In accordance with the “ethical principles” the state funding intends to leave the investment in 11 Israeli companies.
The largest Norway world pension funds have decided to leave investment in 11 Israeli companies and breaks contracts with all managers in this country due to events in the Gaza sector. DW reported it.
NBIM said that “in accordance with the ethical principles” he intends to end the investment in 11 Israeli companies and breaks associated contracts with all the rulers of Israel. By the end of June, the fund was invested in the 61st Israeli company.
Now 11 of these are excluded from the list that is “related to unacceptable -acceptable risk” and “serious violations of ethical standards.”
“These steps were taken in response to emergency circumstances. The situation in Gaza was a serious humanitarian crisis. We invested in the company working in the country in war, and the conditions in the West Coast and the Gaza sector recently worsened,” said foundation leader Nikolai Tangen.
Earlier, Norway’s current finance minister, Jens Stoltenberg, called on investment in the company to participate in the conquest of the west bank of the Jordan River and the war in the Gaza sector, Die Zeit reported the newspaper. The Norwegian government has begun an investment check for ethical considerations in relation to Israeli actions. The reason is the discussion of state funding participation in financing bet shemesh engines, which serves in the aircraft of the battle in Israel.
Nearly 150 UN countries, including Norway, recognized Palestinian territories as an independent state. Norwegian authorities have repeatedly called Israel not to limit human assistance aimed at the Gaza sector.
The situation in the Middle East strictly deteriorated on October 7, 2023. Hamas terrorists made a large -scale attack on Israel. The militants faced a massive blow of the missile in Israel, entered the territory and made the largest massacre against the civilian population in the history of the modern state, which killed nearly 1,200 people. The militants also took over 250 hostages and brought it to the Gaza sector. Some of the hostages were exchanged or released, some died.
Israel in response declared war in Hamas.
Remember that the United States and Qatar form a joint plan of peace, which could be the key to the cessation of the war between Israel and Hamas and the release of Israeli hostages.
Israel announced five principles for the end of the gas war
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.