Huge French multinational Veolia completely divests from Israel
The
Boycott, Divestment and Sanctions (BDS) movement and its worldwide
partners are celebrating the withdrawal of the huge French corporation Veolia from
the Jerusalem Light Rail (JLR), an illegal rail system built to
facilitate the growth and expansion of Israeli colonial settlements on
occupied Palestinian territory.
The
sale of its stake in the JLR project ends all of Veolia’s involvement
in the Israeli market, including all projects that violate international
law and the human rights of the Palestinian people.
The
sale follows an extensive 7-year boycott campaign against Veolia, due
to its complicity in the Israeli occupation. The campaign cost Veolia
contracts around the world estimated to be worth over $20 billion.
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