Irelands proposed boycott of Israeli businesses creates dangerous legal trap for American investors

Image for article Irelands proposed boycott of Israeli businesses creates dangerous legal trap for American investors
News Source : Fox News

News Summary

  • Ireland has announced plans to pass a first-of-its-kind European law banning imports from Israeli businesses operating in Jerusalem and the West Bank.
  • Like most Boycott, Divestment and Sanctions (BDS) efforts, the bill is unlikely to inflict measurable economic harm on Israel.
  • But it poses a very real — and potentially devastating — threat to American businesses and investors.
  • Under U.S. law, it is illegal for American companies to participate in or support foreign-government-backed boycotts of Israel.
Ireland has announced plans to pass a firstofitskind European law banning imports from Israeli businesses operating in Jerusalem and the West Bank.Like most Boycott, Divestment and Sanctions (B [+4660 chars]

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