Boycott, Divestment, Sanctions (BDS) is a Palestinian-led movement for freedom, justice and equality. BDS upholds the simple principle that Palestinians are entitled to the same rights as the rest of humanity.
On Sunday 9 October the Board of Directors of the Dexia Group voted to sell Dexia Bank Belgium to the Belgian government, and Dexia Municipal Agency to the French government. Terzake asked the question: "What about Dexia Israel?"
"The Belgian-French financial group Dexia gave a mandate to the Rothschild merchant bank to find a buyer for its Israeli subsidiary. The decision follows several takeover proposals for the bank.
Belgian bank Dexia has been excluded from the Triodos sustainable investment universe because of its ongoing financing of Israeli settlements in the Occupied Palestinian Territories.
As part of a regular feature, The Electronic Intifada reports on the latest developments of the Palestinian-led global boycott, divestment and sanctions (BDS) movement against Israeli violations of human rights and policies of apartheid.
BDS campaigners scored a significant victory this month as the London Borough of Tower Hamlets voted to exclude Veolia, a French firm that has provided services to the Israeli occupation in the West Bank, from receiving any contracts with the municipality. Activists have also staged protests and launched campaigns in Ireland, Belgium, Palestine.
On February 11, 2011, a group of Belgian peace activists blocked the entrance of the Israeli company Agrexco’s distribution centre at Liège Airport. The activists protested against the import of agricultural goods from Israeli settlements in the occupied territories.
The settlements are in violation of international humanitarian law.