Despite tenacious efforts using social media and other platforms to turn the international investment community against Israel, B’chasdei Hashem it is reported that the BDS (Boycott, Divest, & Sanctions) movement has by and large failed. Foreign investment in Israel reached an unprecedented $285 billion despite the anti-Israel efforts, Bloomberg News reports.
According to the Bloomberg report, despite the efforts to target companies based in Yehuda and Shomron, nine of these companies show an increase as BDS seeking to cripple them economically. That is not to say BDS has not enjoyed partial success, and some companies have been impacted negatively, but the big picture B”H shows the BDS effort is a failure.
The IVC Research Center adds that last year Israeli start-ups raised $3.76 billion from non-Israeli investors despite BDS efforts. This is reportedly the largest amount raised for start-ups in a decade.
BDS activists remain committed to their cause, to isolate Israel economically and despite the report, they are continuing their anti-Israel efforts.
(YWN – Israel Desk, Jerusalem)