West Bank & Jerusalem
British lawmakers warn banks against financing E1 settlement expansion
Image credit: Shehab Wire (EN)
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British lawmakers have cautioned domestic banks and financial institutions against investing in or funding the E1 settlement project in the occupied West Bank, Shehab Wire reported. The warning comes as Israel's government seeks bids for construction of approximately 3,000 units in the area.
The E1 zone, located between Jerusalem and the Dead Sea, has long been a flashpoint in Palestinian-Israeli disputes over settlement expansion. Approval of the project would effectively cut the West Bank in two, according to Palestinian and international observers.
