France Defends Restrictions on Israeli Firms Supplying Middle East Wars

French Minister for Europe and Foreign Affairs Jean-Noel Barrot speaks during a session of questions to the government at the National Assembly, French Parliament lower house, in Paris on October 22, 2024. (AFP)
French Minister for Europe and Foreign Affairs Jean-Noel Barrot speaks during a session of questions to the government at the National Assembly, French Parliament lower house, in Paris on October 22, 2024. (AFP)
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France Defends Restrictions on Israeli Firms Supplying Middle East Wars

French Minister for Europe and Foreign Affairs Jean-Noel Barrot speaks during a session of questions to the government at the National Assembly, French Parliament lower house, in Paris on October 22, 2024. (AFP)
French Minister for Europe and Foreign Affairs Jean-Noel Barrot speaks during a session of questions to the government at the National Assembly, French Parliament lower house, in Paris on October 22, 2024. (AFP)

France's government on Tuesday defended its decision to bar Israeli companies supplying the wars in the Middle East from exhibiting at an upcoming trade fair outside Paris.

Organizers of the Nov. 4-Nov. 7 naval defense exhibition, called Euronaval, posted on the event's website that Israeli firms can take part in the show and “may have an exhibition stand, provided that their products are not used in military operations in Gaza and Lebanon.”

The organizers attributed the restrictions to French government decisions taken earlier this month.

Addressing parliament Tuesday, French Foreign Minister Jean-Noel Barrot said the policy doesn't amount to a boycott of Israeli firms.

But he also said it would be “incoherent” for France to allow the promotion of weapons used in the wars when Paris is also pushing for an immediate ceasefire in Gaza and Lebanon.

“Therefore, we have indicated to the Israeli authorities, with whom we communicate very regularly, that the participation in the form of stands by companies should respect this balance,” Barrot said.

“Also, companies whose equipment is not used in offensive actions in Gaza and Lebanon will naturally be able to have stands at the exhibition," he said.

In a post Sunday on X, Israeli Foreign Minister Israel Katz urged French President Emmanuel Macron to rescind the restrictions, calling them “unacceptable” and “anti-democratic.”

“France, as well as the entire Western world, should stand with us -- not against us,” Katz posted.

Barrot reiterated that France supports Israel's right to defend itself. The minister cited, as an example, France's decision to continue exporting components that he said are used in Israel's “Iron Dome” air-defense system.

“On the other hand, it would be incoherent to enable any promotion of weapons used in Gaza and Lebanon, which lead to unacceptable damage for the civilian populations, when this government and our country is calling for an immediate ceasefire,” the French minister said.



Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
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Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the US data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

Storebrand Asset Management disclosed this week that it had "excluded Palantir Technologies Inc. from our investments due (to) its sales of products and services to Israel for use in occupied Palestinian territories."

The investor, which manages about 1 trillion crowns ($91.53 billion) in assets, held around 262 million crowns ($24 million) in Palantir, a spokesperson told Reuters. A representative for Palantir, based in Denver, did not immediately respond to a request for comment.

Storebrand said Palantir had not replied to any of its requests for information, first lodged in April. The data analytics firm, co-founded by billionaire Peter Thiel, provides militaries with artificial-intelligence models. Earlier this year, it agreed to a strategic partnership to supply technology to Israel to assist in the ongoing war in Gaza.

Palantir has previously defended its work for Israel. CEO Alex Karp said he was proud to have worked with the country following the Hamas attacks in October last year and in March told CNBC that Palantir had lost employees and that he expected to lose more over his public support for Israel.

Storebrand's exit follows a recommendation from Norway's government in March warning businesses about engaging in economic or financial activity in the Israeli settlements in the Palestinian territories, the asset manager said in its third-quarter investment review published on Wednesday. The International Court of Justice, the United Nations' highest court, said in July that Israel's occupation of Palestinian territories including the settlements was illegal.

Israel's foreign ministry rejected that opinion as "fundamentally wrong" and one-sided, and repeated its stance that a political settlement in the region can be reached only by negotiations.

Storebrand said its analysis indicated that Palantir provides products and services "including AI-based predictive policing systems" that support Israeli surveillance of Palestinians in the West Bank and Gaza.

Palantir's systems are supposed "to identify individuals who are likely to launch 'lone wolf terrorist' attacks, facilitating their arrests preemptively before the strikes that it is projected they would carry out," Storebrand said.

It added that, according to the United Nations, Israeli authorities have a history of incarcerating Palestinians without charge or trial. A UN Special Rapporteur said in a 2023 report that "the occupied Palestinian territory had been transformed as a whole into a constantly surveilled open-air prison."

Israel rejected the UN's findings. In September Reuters reported that Norway's $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog's tougher interpretation of ethics standards for businesses that aid Israel's operations in the occupied Palestinian territories.