The Norwegian government will review its nearly $2 trillion sovereign wealth fund investments in Israeli companies following revelations that it holds shares in Bet Shemesh Engines Ltd, which contributes to Israel's military efforts in Gaza. Norwegian Prime Minister Jonas Gahr Stoere expressed unease about the investment, while Finance Minister Jens Stoltenberg mandated a thorough review to prevent investments in companies involved in the conflict. Growing international pressure is evident, with significant fatalities reported among Palestinians and criticism surrounding Israel’s humanitarian aid obstruction during the ongoing conflict.
Norwegian Prime Minister Jonas Gahr Stoere stated that the investment in the Israeli firm was worrying, emphasizing a need for clarification due to the discomfort caused by these revelations.
Finance Minister Jens Stoltenberg ordered a review of the fund's portfolio to ensure that investments in Israeli companies aiding the occupation or the war in Gaza are barred.
Stoltenberg remarked that the war in Gaza is contrary to international law and is causing terrible suffering, thus raising legitimate concerns regarding the fund's investments.
Recent events surrounding Israeli-induced starvation deaths have incited a global outcry, with significant pressure from Western nations urging Israel to end the fatal war that has ravaged Gaza.
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