When asked if trade sanctions could be an option for Paris, Hollande said France's priority was to encourage both parties to resume talks as soon as possible. "We don't want to shift into sanctions mode. We are more focused on persuading. It's an important moment, but I appeal for responsibility." According to the foreign ministry, France imports about 1 billion euros ($1.3 billion) of goods from Israel each year, making it the Jewish state's ninth biggest trade partner. Netanyahu has dismissed world condemnation of his latest settlement plans, which were announced on Friday just hours after the United Nations voted overwhelming to upgrade the Palestinians' diplomatic status. France broke from its main Western allies by voting in favor of the upgrade. Israel said it would build thousands of new settler homes, including in a wedge zone between Jerusalem and the West Bank, known as E1, which Washington considers especially sensitive as it would fragment territory Palestinians want for a state. A source in Prime Minister Benjamin Netanyahu's office said Monday "Israel will continue to secure its vital interests even in the face of international pressure. The decision will stand. "The Palestinians' unilateral initiative at the UN was a blatant violation of agreements which were guaranteed by the international community. If the Palestinians continue with their unilateral measures, Israel will act accordingly," the source said. Diplomatic sources said both London and Paris were considering the unprecedented step of recalling their ambassadors to Tel Aviv, but both countries signaled there was still room for maneuver to avoid a deep crisis with Israel. Hollande: Israeli settlement plan contrary to peacemaking - Israel News, Ynetnews since when has usrael ever been responsible? and they seem determined to take us down with them. yeah, our only ally in the mideast. well, with friends like these, who needs enemies. as my good friend joannie always said..."FUCK ISRAEL!!!"