Israel-Palestine News Compiler

Belgian campaign targets bank financing Israeli settlements

Posted in Miscellaneous by beyondtheborder on April 3, 2009
A demonstrator in Brussels takes out his anger at Dexia's funding of settlement activity in the occupied West Bank

A demonstrator in Brussels takes out his anger at Dexia's funding of settlement activity in the occupied West Bank

In a remarkably short period of time, activists in Belgium have built a strong basis for the campaign “Israel colonizes — Dexia funds,” asking the bank to divest from its subsidiary Dexia Israel because of its financing of the expansion of illegal settlements in the Occupied Palestinian Territories. The Israeli settlements violate Article 49 of the Fourth Geneva Convention, prohibiting the Occupying Power to deport or transfer parts of its civilian population into the territory it occupies, as well as Article 53 prohibiting the destruction of property on occupied territory. The Dexia campaign is flourishing in Belgium and may potentially spread to other countries where Dexia subsidiaries are based.

For full article, visit http://electronicintifada.net/v2/article10434.shtml

Advertisements