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Dutch firm’s settlement investments violate the law and must end

Autors: Jeff Handmaker, Karin Arts and Irene van Staveren
18 February 2014

An Israeli settlement near the Palestinian neighborhood of Ras al-Amud, in the occupied West Bank, east of Jerusalem.

In January 2014, Dutch pension fund PGGM announced that it would divest from five Israeli banks on the basis that these banks were involved in financing illegal settlement activities in the Israeli-occupied West Bank.

Since this announcement by PGGM, Dutch pension fund ABP has been under pressure to also divest from the financing of illegal settlement activities.
So far, ABP has resisted pressure from nearly one thousand pension holders to divest, continuing to not only violate Dutch and international laws, but also taking a major economic risk.

Read the article of Jeff Handmaker, Karin Arts and Irene van Staveren on The Electronic Intifada

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