Foreign Investment in Israel Soars Despite BDS Push

Foreign investment in Israel has reportedly soared to new all-time highs despite the BDS push that has gained momentum worldwide.

Fueled by growth in high-tech industries, investments in Israeli assets rose to $250 billion, more than tripling since critics of Israel launched the movement to Boycott, Divest from and Sanction the Jewish state, Bloomberg news reported.

The BDS movement includes two distinct groups: some who reject the Jewish state’s existence and others who want it to end its occupation of Palestinian land.

But neither effort has had much effort on the fast-growing Israeli economy.

Even nine publicly-traded companies and banks with operations in the Israeli-occupied West Bank has risen steadily over the past three years.

“We don’t have a problem with foreign investment in Israel — on the contrary,” Yoel Naveh, chief economist at Israel’s finance ministry, said in an interview with Bloomberg.

Your Comments

The Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. All readers can browse the comments, and all Forward subscribers can add to the conversation. In the interest of maintaining a civil forum, The Forward requires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not and will be deleted. Egregious commenters or repeat offenders will be banned from commenting. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and the Forward reserves the right to remove comments for any reason.

Recommend this article

Foreign Investment in Israel Soars Despite BDS Push

Thank you!

This article has been sent!

Close