The question is not why Norway divested from the defense electronics giant Elbit Systems, but why only now, and why only from that company? The country that gave the name of its capital city to what the world thought of as a peace process is still invested in companies involved in construction and development in the West Bank settlements – the principal factor in destroying any chance for peace (at least any peace other than the belligerent demand that the Palestinians say “thank you” for what Israel is willing to give them).
From the outset, instead of rebuking the Norwegian ambassador, the Foreign Ministry and Defense Minister Ehud Barak should have actually praised the citizens of Norway. Through their government pension fund, which invests oil revenues in 8,000 companies around the world for the sake of Norway’s future generations, those citizens continue to be active partners in Israeli construction in the West Bank.
Africa Israel (if its shares have not already been sold for purely economic reasons), Israeli banks that give mortgages to settlers, a Mexican company that has plants in the settlements and is a partner in mining in occupied territory, Israeli firms whose plants are in the occupied West Bank – these are just some of the over 40 Israeli and international companies that are involved in solidifying Israel’s occupation, and in which Norway invests, according to data from the “Who Profits” project, run by the Coalition of Women for Peace.