West Bank & Jerusalem
MPs warn British banks against E1 settlement investment
Image credit: The Guardian
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British MPs have written to warn banks and financial institutions not to invest in Israel's planned E1 settlement in the West Bank, according to The Guardian. The Israeli government is actively seeking construction bids for the large settlement project ahead of a forthcoming UK trade ban.
The warning comes as lawmakers seek to preempt financial involvement before new restrictions take effect. The E1 settlement expansion, located in a contentious area of the occupied West Bank, has faced international opposition over its impact on Palestinian territory and the viability of a two-state solution.
