- Dec 6, 2009
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The Israeli produce company Agrexco, which has been a key target of the boycott, divestment and sanctions movement in Europe, is set for liquidation, the Israeli business publication Globes reported Tuesday.
Agrexco, Israels largest fresh produce exporter, has come under pressure because the majority of its goods are grown in illegal Israeli settlements though they are often misleadingly labeled as product of Israel in European supermarkets. The Israeli government also holds a 50 percent stake in the company.
The liquidation of Agrexco can be seen as a major victory of the boycott, divestment and sanctions (BDS) movement, which is making it increasingly undesirable for multinational companies to be entangled in the Israeli occupation.
Settlement produce exporter Agrexco set for liquidation | The Electronic Intifada
Agrexco, Israels largest fresh produce exporter, has come under pressure because the majority of its goods are grown in illegal Israeli settlements though they are often misleadingly labeled as product of Israel in European supermarkets. The Israeli government also holds a 50 percent stake in the company.
The liquidation of Agrexco can be seen as a major victory of the boycott, divestment and sanctions (BDS) movement, which is making it increasingly undesirable for multinational companies to be entangled in the Israeli occupation.
Settlement produce exporter Agrexco set for liquidation | The Electronic Intifada