Gaza War and International Boycott Drops ’Israel’ Investments

Local Editor

According to the World Investment Report 2014 by the United Nations Conference on Trade and Development [UNCTAD], which tracks changes in foreign direct investments worldwide, foreign investment in "Israel" has dropped by nearly 50 percent.

The report further said the Zionist entity's foreign direct investments [FDI] also plunged from $4.67 billion in 2013 to $3.97 billion last year, a 15-percent drop.

With the 2014 "Israeli" war on Gaza and international boycott efforts against the regime for its flagrant violations of Palestinian rights in occupied territories cited as key factors for the sharp decline.

"We believe that what led to the drop in investment in "Israel" are Operation Protective Edge [against the besieged Gaza Strip] and the boycotts "Israel" is facing," said Ronny Manos one of the authors of the UN report.

The Tel Aviv war on the densely populated Gaza Strip martyred more than 2,130 Palestinians, including many children and women, and injured nearly 11,000 others. Over 500,000 Gaza residents were also left displaced as the result of massive bombardment of the blockaded enclave, according to reports.

Meanwhile, international pressure on businesses to refrain from investing in the "Israeli" economy has picked up in recent years amid efforts by the pro-Palestinian Boycott, Divestment and Sanctions [BDS] movement.

The "Israeli" regime also continues to press ahead with its illegal settlement activities in the occupied Palestinian territories despite a global outcry.

Source: News Agencies, Edited by website team