Norway severs ties with Israeli company for building barrier security

Oh dear. Norway's throwing away some potential investments:

Norway's $400 billion-plus wealth fund has excluded Israeli company Elbit Systems due to it supplying surveillance equipment for the security fence in the West Bank, the government said on Thursday.

Elbit is a leading Israeli company, which manufactures and integrates advanced, high-performance defense electronic and electro-optic systems for clients worldwide.

"We do not wish to fund companies that so directly contribute to violations of international humanitarian law," Finance Minister Kristin Halvorsen said in a statement.

"The freedom of movement of the people living in the occupied territory has been unacceptably restricted," she said.

[...]

Yossi Gal, director-general of the Foreign Ministry, summoned the Norwegian ambassador to Israel following the decision and expressed Israel's embitterment by the decision.

"This was a grievous decision, concerning $5.4 million worth of stocks, and we are treating it as such. We also have reason to believe this is part on an election strategy," he added.

And yet, what's the use of investing any money in Norway, or even Sweden, if they're going to behave this way? What really offends me is how Norway is fanning the hate flames with this move of theirs. In that case, they're not worth doing business with.

See also at The Astute Bloggers.