Repeal of exclusions from the Government Pension Fund Global (Norway/Israel & Palestine)

Author: Ministry of Finance (Norway), Published on: 21 August 2013

At the recommendation of the Council on Ethics, the Ministry of Finance has decided to revoke the exclusions [from govt. pension fund] of the companies Africa Israel Investments...and Danya Cebus...The reason for the decision is that the companies are no longer involved in the activities on which their exclusion was based...Information has been provided stating that neither Africa Israel Investments...nor any of its subsidiaries are involved in the construction of settlements in the West Bank anymore, and that there are no plans for such activities in future. Accordingly, the Council on Ethics has recommended that the exclusions be revoked.

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Related companies: Africa Israel