European Union member states are planning new sanctions against Israel that will be implemented if peace negotiations with Palestinians do not resume following the March elections, it was reported Tuesday.
The proposed plan would include “sanctions against companies that conduct business over the Green Line, support in the legal proceedings of Palestinians in the issue of settlements and also renewing the proposal to create a Palestinian state through the Security Council,” according to an Israeli official who met recently with European leaders in Brussels, the Hebrew-language Walla website reported.
The EU has threatened sanctions against Israel for several years in an effort to prod forward the peace process with the Palestinians and discourage settlement expansion.
Economy Minister Naftali Bennett told representatives of the European Union that Israel would not endanger itself to avoid sanctions, in a closed door meeting Monday.
“To single out Israel, to twist our arms economically, in the hopes that we’ll commit suicide because financially we’ll get hit if we don’t — it’s immoral from my perspective,” Bennett told the diplomats, according to a tape of the meeting leaked to Army Radio and published Tuesday. “Instead of understanding… we’re the big dam in this big river of terror.”
Full article: EU states said to be planning fresh sanctions against Israel (The Times of Israel)