Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

EU says it has no plans for sanctions on Israel

Published 17/11/2014, 19:09
EU says it has no plans for sanctions on Israel

BRUSSELS (Reuters) - The European Union has no intention of imposing sanctions on Israel if it takes steps to block a two-state solution to the Israeli-Palestinian conflict, the EU's new foreign policy chief Federica Mogherini said on Monday.

European diplomats have said the EU is looking at new ways to press Israel to halt its building of settlements on land the Palestinians want for a state, as frustration over the construction programme reaches a new high.

Israeli newspaper Haaretz said on Monday it had obtained an internal EU document on sanctions that could be taken against Israel if it took actions that would prevent a viable Palestinian state. They included possible measures against European companies working in settlements in the West Bank and East Jerusalem, it said.

Mogherini said the EU had no plan of this kind.

The Haaretz article referred to an internal working document requested by EU governments some time ago that only formed a "technical working hypothesis", she said.

A discussion among EU foreign ministers on Monday was more about "how to start a positive process with the Israelis and Palestinians to relaunch a peace process". "It was not at all a question of isolating or sanctioning anybody," Mogherini told a news conference.

In a statement on the Middle East peace process, the foreign ministers said the EU deplored plans for new Israeli settlement-building. "Actions which call into question stated commitments to a negotiated solution must be avoided," they added.

Mogherini said the ministers had decided "to support new initiatives to relaunch a peace process".

"We will build on the possibility of having a regional framework, working not only with the U.S. ... but with some of the key Arab countries," she said.

(Reporting by Adrian Croft; Editing by Catherine Evans)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.