The Impact of the Boycott, Divestment, Sanction Movement (BDS) on the Foreign Investments in Israel
Publication Type
Original research
Authors

The activities of the BDS has increased in the international arena achieving globally recognized to the extent that many companies and international institutions ended their contracts and cancelled many financial deals with Israel which has made Israel lose billions of dollars with Israeli companies and institutions.

The main goals of BDS are ending the Israeli occupation on the occupied territory and demolishing the Apartheid Wall, recognizing the basic rights for the 1948 Palestinians and the returns of the Palestinian refugees to their homeland as stated in the UN resolution (194).

In order to achieve their goals, the BDS made and is still making the other countries, investment and commercial institutions boycott Israel through practicing this pressure via media and creating the right influence on countries and governments. 

This study tackles “The impact of the BDS on the foreign investments in Israel”. In other words, it focuses on the economic dimension of this movement especially the issue of the foreign investments in Israel by highlighting the following dimensions:

The reality of the Israeli economy in light of the BDS:

The Israeli economy is affected negatively due to the BDS, but the Israeli official authorities conceal this and it is mentioned in the reports published by Israeli financial institutions. The Israeli authorities are trying not to let this information be known by using their own methods such as assigning a certain kind of funding for facing the successes of the BDS. According to “The Marker” newspaper, which is a specialized Hebrew newspaper in economy, the Israeli economy’s activities slowed down in 2018. (Jerusalem Press, 2019)

2. Foreign investment in Israel in light of the activities of the BDS

Data demonstrate that the Israeli investments exports in Israel deteriorated to the extent that many Israelis lost their business. Above all the previously mentioned, the sales of the Israeli companies in the Palestinian occupied territory, which is considered the second major consumer of the Israeli goods after the US, have deteriorated. (Frankly, 2016)

3. The indications of the damage of foreign investments by the BDS.

As a result of many foreign companies’ investments withdrawal from the Israeli economy and cancelling their deals with other Israeli companies, the Israeli authorities have employed intelligence agencies, established the Ministry of Strategic Affairs and other companies in order to face the narrative of the BDS urging other countries to fight the BDS legally.

The researcher concluded that the BDS succeeded in having an impact on the foreign investments in Israel which is proven through the documentation of the companies and institutions responding to the BDS.

 

Keywords: Boycott, Divestment, Sanction Movement (BDS), investments, penalties.

 

Journal
Title
مجلة الاطروحة العلمية المحكمة(العلوم الادارية والاقتصادية)
Publisher
دار الاطروحة للنشر العلمي
Publisher Country
Iraq
Publication Type
Both (Printed and Online)
Volume
1
Year
2020
Pages
23