The NZ Super Fund has Israeli investments worth $35 million - could it divest?

Abstract

[From introduction] The decision by Israel’s parliament to designate the United Nations’ Palestinian relief agency UNRWA a “terrorist organisation” has been condemned by many governments, with claims it will create a “catastrophe in what is already an unmitigated disaster”.

This came three months after the International Court of Justice’s landmark advisory opinion in July declaring Israel’s presence in the Occupied Palestinian Territory unlawful. All states now have a legal obligation to ensure they are not assisting Israel to continue its unlawful occupation.

But with the reelection of Donald Trump as US president, how the international community will respond to breaches of international law becomes even less clear.

New Zealand has criticised the United Nations Security Council for its failure to resolve the crisis, and has backed calls in the UN General Assembly for humanitarian ceasefires in Gaza.