Jordan's Prince Zeid Ra'ad Zeid al-Hussein, U.N. High Commissioner for Human Rights gestures after a news conference at the United Nations European headquarters in Geneva October 16, 2014 - REUTERS/Denis Balibouse Jordan's Prince Zeid Ra'ad Zeid al-Hussein, U.N. High Commissioner for Human Rights gestures after a news conference at the United Nations European headquarters in Geneva October 16, 2014 - REUTERS/Denis Balibouse

130 Israeli companies, 60 int'l corporations on UN 'blacklist'

By: MENA
Thu, Oct. 26, 2017
GAZA CITY – 26 October 2017: Some 130 Israeli companies and 60 international corporations operating in Israel received warning letters from United Nations High Commissioner for Human Rights Zeid bin Ra'ad al Hussein cautioning them of their impending inclusion in a "blacklist" of companies active beyond the Green Line in "violation of international law and UN resolutions."

Among the companies in the commissioner's sights are Ahava, Dor Alon, Amisragas, Angel Bakeries, Arison Investments, Ashdar, Clal Industries, Café Café, Cellcom, Danya Cebus, Electra, HP, Hot, the Israel Aerospace Industries, Matrix Systems, Motorola, Nesher, Partner, Paz, Rami Levy, Remax, Housing & Construction (Shikun Binui), Shufersal, Sonol and Trima, said Ynetnews.

The above companies are joined by the 12 companies already published on Channel 2 News including Bank Hapoalim, Bank Leumi, Bezeq and Bezeq International, Coca Cola, Africa Israel, Teva, IDB, Egged, Mekorot, Netafim and Elbit Systems.

The "Washington Post" published American companies will also be appearing on the list, including Caterpillar, Tripadvisor and Airbnb.

Some of the companies to be included on the list are still considering their response, but others are already fighting back with the claim their inclusion on the list may cause them financial harm and tarnish their brand, and are therefore looking into filing suits against the Commissioner and the UN's Human Rights Council that called for the list's preparation in the first place.


The companies claim the list's creation was politically motivated and point to the fact that the commissioner constructed no such lists pertaining to other regions of conflict—such as the Crimean Peninsula and Western Sahara—as proof.

Both Israel and the US have been working behind the scenes in the past few weeks to prevent the list's publication, but it appears it may be presented with a fait accompli. Despite the fact the list carries no operational or legal ramifications, the symbolic move nevertheless caused concern among the Ministry of Foreign Affairs officials due to the fact it may provide a serious boost to BDS efforts, deter foreign investors and convince foreign companies operating in Israel to reduce their operations.

"It may cause large investment firms or pension funds carrying stocks of various Israeli companies to divest in them because they, in turn, operate in the settlements. It may lead to a snowball effect that will greatly harm the Israeli economy eventually," said a senior Israeli official.
 
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