Despite BDS, Israeli firms enjoy a foreign investment boom [View all]

With pro-boycott arguments failing to make an impact, Bloomberg report finds, fertile conditions are driving record capital flow

Last week the Israeli State Comptroller’s Office issued a scathing report chastising the Foreign Ministry for not having a cohesive strategy to fight the Boycott, Divestment and Sanctions movement, which targets Israel over its perceived ill-treatment of the Palestinians.

But despite the many “failings” detailed in the report, underlining an inability to present any significant political achievements in the battle against BDS, the movement seems to be having little economic impact, according to a Bloomberg report examining foreign capital flow into the country.

While BDS has seen some victories in its efforts to stop international entertainers from performing in Israel and encourage companies to divest from Israeli firms, total foreign investment in Israeli assets has in fact gone up, with 2015 clocking a record high of $285.12 billion, Thursday’s report said. That’s a threefold increase since 2005, when the BDS campaign was first launched.


http://www.timesofisrael.com/despite-bds-israeli-firms-enjoy-a-foreign-investment-boom/