German and Mexican firms blacklisted by Norway pension fund over Israeli occupation roles

‘The Palestinian-led boycott, divestment and sanctions (BDS) movement can chalk up another success this week, as a $65 billion Norwegian public sector pension fund announced it would not invest in two firms linked to the Israeli occupation.

KLP has blacklisted Germany’s HeidelbergCement and Mexico’s Cemex because of their exploitation of Palestinian natural resources in the occupied West Bank.

Military occupation ought to be temporary but exploitation of natural resources in occupied territory “offers a strong incentive to prolong a conflict,” KLP says in its press release.’

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