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    Home»Latest News»Norway seeks to ban trade with illegal Israeli settlements in Palestine | Israel-Palestine conflict News
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    Norway seeks to ban trade with illegal Israeli settlements in Palestine | Israel-Palestine conflict News

    The Daily FuseBy The Daily FuseJune 19, 2026No Comments3 Mins Read
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    Norway seeks to ban trade with illegal Israeli settlements in Palestine | Israel-Palestine conflict News
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    Norwegian authorities declares session on new invoice because it steps up insurance policies concerning ‘illegal’ Israeli actions.

    Norway’s authorities says it plans to ban all commerce with Israeli settlements within the occupied Palestinian territory, and has introduced session on a proposal for a brand new invoice prohibiting such transactions.

    “The Israeli settlements in Palestine are in breach of worldwide regulation,” Minister of Overseas Affairs Espen Barth Eide mentioned in a press release on Friday.

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    “They contribute to displacement, excessive violence and a state of affairs that makes a peaceable answer unimaginable. We intend to ban commerce with the illegal settlements,” he added.

    The Norwegian authorities needs to ban commerce in items produced in unlawful Israeli settlements on occupied Palestinian lands, together with Gaza, the West Financial institution and East Jerusalem.

    Relating to actual property, Oslo additionally plans to outlaw “the acquisition of property within the settlements, the availability of companies regarding the development, renovation, buy or sale of property in these areas, and the acquisition of economic enterprises whose head workplace and manufacturing amenities are situated within the settlements”, the Ministry of Overseas Affairs mentioned.

    “The settlements undermine the idea for a Palestinian state. Norwegian residents and Norwegian corporations should not contribute to sustaining this growth. With this legislative proposal, the federal government takes a transparent stance and places ahead guidelines that set agency limits for Norwegian commerce and enterprise actions,” Eide added.

    Norway, which isn’t a member of the European Union, recognised the state of Palestine in 2024, similtaneously EU members Eire and Spain did. The Israeli authorities lashed out by rapidly withdrawing its ambassadors from Oslo, Dublin and Madrid and summoning the Norwegian, Irish and Spanish representatives in Tel Aviv.

    Final week, Norway joined 5 different nations, the UK, Australia, Canada, France and New Zealand in imposing coordinated sanctions focusing on networks concerned in financing, enabling and finishing up settler violence in opposition to Palestinians within the Israeli-occupied West Financial institution

    “The settlements and the intense abuses dedicated by violent settlers are making the state of affairs within the West Financial institution more and more untenable. Civilians are being killed, the financial system is being strangled, and native communities are being destroyed. This should cease,” added Eide.

    The Norwegian authorities has drafted the invoice in regards to the commerce ban with Israeli settlements, which is now being circulated for consultations for the subsequent three months, till September 19.

    In response to the invoice’s announcement, Francesca Albanese, the UN particular rapporteur for the occupied Palestinian territory, mentioned, “A small step, the smallest step, nevertheless it’s a starting.”

    “Norway nonetheless has to reply this: how can a rustic that champions human rights, permit its huge sovereign wealth fund, one of many largest on the earth, to put money into entities linked to an occupation the ICJ has discovered unlawful?”

    The rights specialists mentioned this with reference to Norway’s $2 trillion sovereign wealth fund, which owns stakes in 8,700 corporations worldwide, together with a number of Israeli corporations, though last year,  Norway mentioned it was divesting from 11 Israeli corporations and that it was persevering with to evaluation divesting from extra.

    Francesca Albanese, UN particular rapporteur on human rights within the occupied Palestinian territory, mentioned Norway’s invoice was a ‘small step, nevertheless it’s a starting.’ [File: Denis Balibouse/Reuters]



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