Emerging Markets, Frontier Markets

Israel Faces Worsening International Isolation, Foreign Ministry Paper Warns

By Middle East Monitor

Boycott news story

A classified Israeli government report has claimed that the country’s deteriorating international position will further decline in 2015, with a growth in boycott campaigns.

The Ministry of Foreign Affairs (MFA) document,¬†leaked to Israeli newspaper Yedioth Ahronoth, was sent to Israel’s diplomatic missions worldwide and is “a summary of a multi-ministry situation assessment conducted by Foreign Minister Avigdor Lieberman.”

The report warns of diplomatic damage due to “moves to mark settlement products, stop the supply of replacement parts; debates on sanctions against Israel; demands for compensation for damage caused by Israel to European projects in the Palestinian territories; European activity in Area C, under Israeli rule; and more.”

The document notes that “the Europeans are creating a clear connection between diplomatic relations and economic ones”, while, banks and investment funds could follow examples in Denmark, Norway, and the Netherlands, and divert “millions of dollars into alternative investments.”

Among other examples, the document also warns that “the academic boycott against Israel could also escalate.”

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