Norway divests from Israeli company

Norway divested its pension fund from Elbit Systems, an Israeli optics and electronics manufacturer that supplies surveillance equipment for the security fence.

The $333 billion pension fund is invested in 40 other Israeli companies, Ha’aretz reported.

“We do not wish to fund companies that so directly contribute to violations of international humanitarian law,” Norwegian Finance Minister Kristin Halvorsen said. In 2004, the International Court of Justice ruled that the security fence violates international law. — jta