(MEMO) – Mustafa Barghouti, the secretary-general of the Palestinian National Initiative movement, has estimated that Israel has incurred losses of around eight billion dollars due to the boycott campaign against illegal settlements, equivalent to 20 per cent of their GDP.
Regarding the latest Palestinian efforts to escalate the settlement boycott, Barghouti revealed that an agreement has been made with 13 democratic Arab parties to form boycott committees in the Arab world.
In a statement to Quds Net News Agency on Thursday he said: “the European Union did not issue a decision to boycott Israel, but what is taking place is the boycott of any relationship or agreements with settlements in the West Bank and East Jerusalem.”
Furthermore: “This experience is being circulated worldwide and not only in European countries; many areas worldwide are also ready to boycott the settlements.”
The agreement with the Arab parties to participate in…
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