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The permanent Norwegian investment fund, the largest in the world, based on his assets, announced on Monday that he had sold his investments to 11 Israeli companies, which was happening after the revelation that he continues to invest in the manufacturer of Israeli aircraft engines, despite his aggravation.
Nikolai Tangen, the head of the Norwegian investment department in the Central Bank, which runs the fund, explained that the decision was made “in response to excellent circumstances”, adding: “The situation in Gaza is a serious humanitarian crisis.
The Norwegian Minister of Finance Ian Stoltenberg commented on this decision, expressing that he expects additional future investment actions in Israel. “I expect the fund will take measures after today’s announcement,” he said.
“It is important that the State Fund does not invest in a company that contributes to the ownership of the western shore or in the continuing war in gas.”
In his previous statements, the Prime Minister of Norwegia Jonas Gourd Sorror emphasized that his country will not give its state fund from Israel, emphasizing that investment decisions are based on strict moral guidance and are not an instrument of foreign policy.
The application came in response to issues of the media asked after the revelation that the state fund has 172 million shares of Norwegian girls in the company that supports Israeli fighter aircraft.
“We are not going to receive an oil fund from Israel,” Sorori said. “It is important to strictly implement governing principles. This means that the fund does not invest in a company that contributes to a violation of international law or illegal occupation. We guarantee that this will remain, and then the oil fund may remain in Israel. ”
History explained that the fund, which invests about 8,000-9,000 companies around the world, controls on the basis of independent professional and financial criteria without direct connection with foreign policy.
Stuttenberg previously announced cooperation with the Central Bank of Norway to revise existing investments and ensure their compliance with moral standards. He noted that the meetings were ongoing, and the bank received 15 days to provide practical measures to solve any exclude.
This step takes place against the backdrop of the growing pressure from the Norwegian political parties and civil society organizations, mainly from the socialist left -handed party, which requires immediate interruption of any investment in the so -called Israeli “economy of war”.
Kirai Bergsto, the party leader, said: “The Norwegian government has nothing to do with its policy:“ We have repeatedly warned that the oil fund can invest in the company that violate international law, but the Minister of Finance is investigating its investments. Citizens “.
The leading principles of the Norwegian State Welfare Foundation clearly prohibit investments in the company involved in serious violations of international humanitarian law or infrastructure related to illegal possession, and the fund lends itself to periodical.