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UAE signs contracts with Israeli firms on UN blacklist

24th Sep 2020
UAE signs contracts with Israeli firms on UN blacklist

RAMALLAH, Palestine (AA): Emirati companies have signed contracts with Israeli firms and banks blacklisted by the United Nations for supporting illegal settlements in the occupied West Bank, an investigation by Anadolu Agency has revealed.

In February, the UN released a database of 112 companies on its blacklist for doing business inside Israeli settlements in the West Bank.

On Aug. 13, the United Arab Emirates (UAE) and Israel announced a US-brokered agreement to normalize their relations. The move was followed by a series of announcements on agreements and contracts between companies from both countries.

But Anadolu Agency found that some of the contracts struck between the two sides included Israeli companies and banks on the UN blacklist.

Pro-settlement banks

Among contracts announced by Emirati media was one struck with Bank Leumi, one of the banks on the UN blacklist.

According to the official Emirati media, this Israeli bank has signed agreements with three of the top Emirati banks: Abu Dhabi Islamic Bank (ADIB), First Abu Dhabi Bank, and Emirates NBD.

Bank Hapoalim, another Israeli bank blacklisted by the UN, has reportedly signed a memorandum of understanding with Emirates NBD, an agreement celebrated as the first between Israeli and Emirati bankers, according to Emirati media outlets.

Film production companies

The agreements that UAE companies have signed with blacklisted Israeli companies were not limited to banks. The Abu Dhabi Film Commission (ADFC) announced that it has reached an agreement with the Israel Film Fund (IFF) and the Jerusalem Sam Spiegel Film & Television School (JSFS) for promoting tolerance and cultural cooperation between the Emirati and Israeli people.

IFF is supervised by the Israeli Ministry of Culture and the Israel Film Council.

In November 2019, Israeli newspaper Haaretz said that IFF approved the establishment of three new cinema funds, including one in the occupied West Bank settlements.

Many international companies have suspended their dealings with their Israeli counterparts on the UN blacklist for fear of being prosecuted by the International Criminal Court (ICC), which is expected to decide soon on launching a criminal investigation into alleged war crimes committed by Israel in the occupied Palestinian territories.

Palestinians have long called for an immediate halt of dealings with the blacklisted Israeli companies.

*Ibrahim Mukhtar contributed to this report from Ankara

[Map of UAE By CIA World Factbook/Public Domain]

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