Corporate America in Israel and Illegal Settlements
US companies operating in illegal Israeli settlements are the tip of the iceberg in bilateral economic, financial, and military relations.
According to the US Chamber of Commerce, over 2,500 US companies operate in Israel, including a virtual who’s who of corporate America.
In 1985, the US/Israeli free trade agreement was the first of its kind between the US and another country — two years before the 1987 US/Canada FTA, nine years before NAFTA (1994).
Since then, bilateral US/Israeli trade grew to tens of billions of dollars annually, well over $50 billion a year today, Israeli companies investing about half that amount in the US.
Corporate America operates hundreds of R & D centers in the Jewish state.
Well-known names include 3M, Amazon, AMD, Apple, Applied Materials, AT&T, Broadcom, Citigroup, Cisco, eBay, Facebook, GE, GM, Google, HP, IBM, Intel, John Deere, J&J, Merck,Microsoft, Monsanto, Motorola, PepsiCo, Qualcomm, Texas Instruments, Xerox, and Yahoo, among others.
Israeli firms comprise the second largest number of foreign NASDAQ listings after China.
The US and Israel have cooperative agreements on civil aviation, IT, cybersecurity, intelligence, health, medical, biotech and life sciences, energy, space, transportation, and of course all things related to its military and occupation of historic Palestine.
Both countries partner in each other’s wars directly and indirectly.
The clearest examples are US aid to Israel (for military and related purposes) amounting to over $10 million daily, along with Jewish state undeclared war on Syria, by its own admission terror-bombing the country hundreds of times in recent years.
On Wednesday, the UN Human Rights Council published names of 112 companies that operate in illegal Israeli settlements.
They’re mostly Israeli companies. Others are headquartered abroad, including US ones.
Names of US companies in the settlements were published earlier by the Global BDS Movement.
They include L’Oreal, the Body Shop, B & W Foods, Black & Decker, Victoria’s Secret, Airbnb, Landmark Ventures, Caterpillar, and Hewlett Packard, among others.
In 2016, the UN Human Council included Coca Cola on a list of 206 companies operating in Israeli settlements, mostly Israeli ones.
In 2018, the Palestinian Policy Network said “(h)undreds of businesses…operate…without consequence in” Israeli settlements, including many US ones