this post was submitted on 03 Jul 2026
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Global News

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cross-posted from : https://lemmy.zip/post/67236625

Data compiled by Statewatch shows that public institutions in the EU hold hundreds of contracts with Israeli companies worth almost €2.7 billion. EU trade sanctions or widespread boycotts in the public sector could have a substantial negative impact on Israel’s economy and its ability to wage war. Yet, so far, the EU has taken no meaningful action.

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[–] middlemanSI@lemmy.world 2 points 2 weeks ago

Human lives and basic decency is irrelevant, when the graph goes up. /s

[–] Hotznplotzn 2 points 2 weeks ago* (last edited 2 weeks ago)

A quick remainder that this is not only limited to the EU.

Among the larger economies, China has been increasing its business ties to Israel significantly. Bilateral Israel/China trade rebounded since 2023 and in 2025 reached a record high (including Hong Kong).

China benefits more than Israel, as the growth is heavily asymmetric. While Israeli imports from China rose by 25 percent between 2023-2025 to more than USD 16 billion in 2025, Israeli exports to China plummeted by 40 percent to less than USD 3 billion, resulting a huge trade surplus for China.

China is the biggest exporter to Israel with some 25% of Israeli imports coming from China, more than double the US volume. So China makes good money in Israel, too.

In addition, Chinese companies continue to participate in the construction of huge projects critical to the Israeli economy.