8 Israeli Products Boycotted by the World, Some of Them Popular in Indonesia

Bisnis | Ekonomi - Posted on 26 October 2023 Reading time 5 minutes

Israel's conflict with Hamas has resulted in significant casualties among Palestinians. As of October 16, 2023, the Palestinian Ministry of Health reported 2,670 Palestinian deaths and approximately 9,600 injuries due to Israeli airstrikes and bombardments. This conflict has led to increased support for the Boycott, Divestment, and Sanctions (BDS) movement in several countries.

 

The BDS movement aims to encourage consumers worldwide to stop purchasing products of Israeli origin to exert economic pressure on Israel for equitable treatment of Palestine. The BDS movement typically targets companies involved in illegal settlements, resource exploitation in Palestinian territory, and the use of Palestinian labor.

 

  1. Products boycotted through the BDS movement include:
  1. Puma: Boycotted for its sponsorship of the Israel Football Association (IFA), which operates in Israeli settlements in Palestinian territory.
  1. HP: Targeted for providing technology used in Israel's activities related to apartheid, occupation, and colonial settlements.
  1. Siemens: Accused of involvement in Israel's illegal efforts to build the EuroAsia Interconnector in settlements, which connects Israel's electricity grid to Europe.
  1. AXA: Criticized for investing in Israeli banks that are involved in Palestinian territories.
  1. Israeli Fruits and Vegetables: Encouraging consumers not to buy products labeled as "Made in Israel" when they originate from Palestinian territories.
  1. SodaStream: Boycotted for its role in policies related to the Bedouin people in Naqab.
  1. Ahava: Targeted due to its production facilities located in illegal Israeli settlements.
  1. Sabra Hummus: A joint venture between PepsiCo and Strauss Group, which has faced boycotts for its financial support to the Israeli military.

 

The impact of the BDS movement on Israel's economy is debated, but experts suggest that it may not significantly affect the Israeli economy due to the nature of its exports, which primarily consist of intermediate and non-substitutable goods. However, data from the World Bank indicates a significant decrease in the export of intermediate goods from 2014 to 2016, resulting in losses of approximately $6 billion.

Source: CNBC Indonesia

What do you think about this topic? Tell us what you think. Don't forget to follow Digivestasi's Instagram, TikTok, Youtube accounts to keep you updated with the latest information about economics, finance, digital technology and digital asset investment.

 

DISCLAIMER

All information contained on our website is summarized from reliable sources and published in good faith and for the purpose of providing general information only. Any action taken by readers on information from this site is their own responsibility.