Research & Investigations
Western nations tighten economic sanctions against Israel
Image credit: DAWN
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The United Kingdom announced a new sanctions framework against Israel on September 8, as Western governments move to strengthen economic pressure on the country, Dawn reported. Israel's heavy dependence on global market access gives sanctions their potency. Israeli banks, insurers and major companies rely substantially on international commerce to operate, making them vulnerable to trade restrictions and financial measures.
The businesses, developers and institutions sustaining Israel's settlement enterprise depend in turn on this financial system and those major companies for funding and support. That structural interdependence gives Western governments considerable leverage as they introduce or expand sanctions regimes targeting Israeli economic interests.
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