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NGO HRW accuses Israeli banks of facilitating occupation of Palestine

Major Israeli banks help maintain and expand Jewish settlements in occupied Palestinian territory by financing constructions despite not being obliged legally to provide services in settlements, denounced today the international NGO Human Rights Watch.

Jerusalem, Sep. 13 (EFE) .- Major Israeli banks help maintain and expand Jewish settlements in occupied Palestinian territory by financing construction despite not being legally obliged to provide services in settlements, denounced the international NGO Human Rights Watch today.

"Israeli banks are making commercial decisions which contribute to serious human rights abuses. political impact of the organization in Israel and Palestine, Sari Bashi.

HRW alluded to the concern of foreign investors for the banking operations they carry out in settlements such as granting loans to settlement councils, which act as a municipality, or mortgages to acquire housing and land in occupied Palestinian territory.

In these activities, the NGO considers that the banks violate their responsibilities with international law by not avoiding abuses such as "illegal land grabbing, discrimination against Palestinians and the de facto annexation of the West Bank. "

According to a statement, HRW has not found domestic laws to support the arguments put forward by Israeli banks they claim to be legally bound and therefore can not cease their activities in the settlements.

The NGO recalls that colonies are illegal under international law and that the use of land by an occupying power is prohibited, except for military purposes or the benefit of the local population living under occupation.

civilians from an occupying power to occupied territory constitutes a war crime. responsibility to stop doing business in or with Israeli settlements, including the assignment or carrying out of activities within them, "says the NGO.

The organization declares, "by virtue of the UN guiding principles on business and human rights, accepted by most large corporations, that companies should refrain to contribute or to benefit from serious human rights violations. "

HRW calls on these entities to terminate their activity in these areas and institutional investors who require "responsibility" to the banks in which they invest, and that they clarify the scope of their operations.

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