Israeli bill to boycott Israeli firms who shun settlements

Israel’s Jewish Home party is preparing a new bill to boycott enterprises which boycott settlement businesses, leading Israeli newspaper Haaretz reported yesterday.

According to QudsPress, Haaretz reported the Jewish Home MK Shuli Muallem saying that her party is preparing a bill which could ensure all firms which refuse to do business with settlements would be labelled and fined up to 10,000 shekels ($2,630).

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The bill aims to help settlers in the wake of increasing support for the Boycott, Divestment and Sanctions movement.

Muallem said this would create a list for settlers to boycott those who boycott them.

Losses caused by the international boycott activities are thought to amount to $23 billion and a drop in Israeli exports revenues by $2.9 billion, according to reports.