Knesset commissioned study reports: 2014 attempts to boycott products produced beyond the Green Line have failed, with the overall exports to Europe, where boycott efforts were strongest, have actually grown.
The boycott, divestment and sanctions movement has not harmed the Israeli economy, and in some cases Israel’s exports have only grown in the regions in which the movement has the most traction, according to a recent report commissioned by the Knesset Finance Committee.
“So far, the attempts to boycott Israel have not hurt the Israeli economy on the macro scale. … The boycotts are able to hurt largely the end products of certain Israeli brands. However, since the majority of Israeli exports are intermediate goods, there has not been significant harm done to them,” the report concluded.
The study analyzed the economic effects of the BDS movement from 2000 to 2013. The study showed that throughout those years, despite the BDS movement, Israel’s gross domestic product rose by 54 percent, its exports rose by 80 percent and in Europe, where the majority of the BDS efforts are, surged by 99 percent.
According to the study, as of 2014, the attempts, largely in Europe, to boycott products produced beyond the Green Line have failed and the overall exports to Europe have not only not suffered — they have risen; which shows that the European Union boycott and tariff placement on products from beyond the Green Line have not had a significant impact.
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View original Israel Hayom publication at: http://www.israelhayom.com/site/newsletter_article.php?id=22673
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