Israel
Israel’s economy: A Banana Republic run by monopolies
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
A French court has reversed a government ban on Israeli firms participating in next week's Euronaval arms show near Paris, the organisers said on Thursday, confirming media report.
French President Emmanuel Macron visits a stand at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018. Reuters/Benoit Tessier
A French court has reversed a government ban on Israeli firms participating in next week's Euronaval arms show near Paris, the organisers said on Thursday, confirming media reports.
WHY IT'S IMPORTANT
The decision earlier this month to bar Israeli firms from exhibiting at the naval arms show is the latest incident in a diplomatic row fuelled by the Macron government's unease over Israel's conduct in the wars in Gaza and Lebanon. Israeli officials called the move a "disgrace".
KEY QUOTE
"Sogena, the company organising the Euronaval exhibition, is complying with the court's ruling, just as it had complied with the government's previous decision," an Euronaval spokesperson said in e-mailed comments.
The Paris commercial court, which took the decision in a fast-tracked lawsuit, did not immediately reply to a Reuters request for comment.
CONTEXT
The trade fair, set to take place in Paris from Nov. 4-7, said earlier this month the French government had informed it that Israeli delegations were not allowed to exhibit stands or show equipment. The decision affected seven Israeli firms that were due to participate.
It was the second time this year that France has sought to ban Israeli firms from a major defence show.
French officials have repeatedly said that Paris is committed to Israel's security and point out that its military helped defend Israel after Iranian attacks in April and earlier this month.
Reporting by Tassilo Hummel
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
Israeli Prime Minister Benjamin Netanyahu accused Hamas on Wednesday of violating the Gaza ceasefire agreement after a military officer was wounded by an explosive device in Rafah and Israel vowed retaliation.
Israeli Defence Minister Israel Katz said on Tuesday that the military would never fully withdraw from the Gaza Strip for security reasons and that a civilian-military army unit would be established in the Palestinian enclave.
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