Falcon29
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Hey thanks Hazzyy.
Finally Israel feels the pinch
Lil more sleuthing helped me find this
"The primary damage of the boycott to the Israeli economy is that it prevents or considerably hampers investments in the country. That loss is estimated to be on the order of $500 to $600 million per year. The loss of potential trade with the Arab countries alone is on the order of over $500 million per year. It is estimated that because of the boycott, Israel's commercial exports are at least 10% less than they would otherwise be — a loss of about $1.2 billion per year. Another parameter is the ratio of exports by foreign or multinational companies to total exports. In a small country such as Belgium, for instance, that ratio is 35%. In Ireland it's 42%. Since owning a factory or having an investment in Israel is a violation of the boycott, Israel's ratio, despite the high quality of its goods, is only 1%!"
Thanks for the info Levina! This will encourage peace hopefuly, 2014 is going to be an important year.
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