Canada, U.K., France to ban Israeli settlement goods — SkimNews
Get the Geopolitics newsletter
Daily geopolitics — wars, elections, sanctions, the diplomatic moves that move markets. Free.
- Canada, Britain and France jointly announced a ban on the trade of goods with Israeli settlements in the occupied West Bank.
- The U.K. is going a step further than the other two countries, implementing fresh sanctions beyond the goods import ban.
- The U.K. said it will take additional action against companies and individuals that support settlement expansion.
- Three Western allies are moving simultaneously against settlement commerce, with the U.K. extending penalties to the corporate and individual backers of expansion.
Why it matters: Three Western allies are simultaneously cutting off trade with Israeli settlements, raising the economic stakes of doing business tied to the occupied West Bank. The U.K.'s sanctions against companies and individuals backing expansion go beyond a goods-import ban, directly penalizing the corporate infrastructure sustaining settlement growth.
Ask SkimNews
