Latest news with #Kravik
Middle East Eye
12-05-2025
- Business
- Middle East Eye
World's largest wealth fund divests from Israeli energy company
Norway's sovereign wealth fund has decided to divest from Israel's Paz Retail and Energy because it owns and operates infrastructure supplying fuel to Israeli settlements in the occupied Palestinian territories. It marks the second divestment after the fund's ethics watchdog, the Council on Ethics, adopted a tougher interpretation of ethics standards for businesses in August that aid Israel's occupation of the West Bank and Gaza Strip. The fund, the world's largest, owns 1.5 percent of listed shares across 9,000 companies globally. Worth $1.8 trillion, the Norwegian fund has been an international leader in the environmental, social and governance (ESG) investment field. 'By operating infrastructure for the supply of fuel to the Israeli settlements on the West Bank, Paz is contributing to their perpetuation,' the Council on Ethics said in its recommendation to divest. 'The settlements have been established in violation of international law, and their perpetuation constitutes an ongoing violation thereof.' New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters It comes after a similar decision was made in December to sell all shares in Israel's largest telecoms group, Bezeq, over its involvement in the occupied territories. Norwegian Deputy Foreign Minister Andreas Motzfeldt Kravik has denounced Israel's ongoing siege on Gaza as 'unconscionable and deeply illegal'. Norway is among 147 states that have recognised Palestinian statehood. In April, a year after Norway's recognition, Kravik announced the formal establishment of diplomatic relations with Palestine, with the appointment of Palestinian ambassador Marie Antoinette Sedin. In addition to initiating the International Court of Justice (ICJ) case on Israel's humanitarian obligations under international law, Norway is leading an international coalition for the two-state solution, along with Saudi Arabia and the European Union, Kravik told Middle East Eye. A UN conference on Palestinian statehood is scheduled to be held in New York from 2-4 June, based on a UN General Assembly resolution passed in December in support of the two-state solution.
Middle East Eye
02-05-2025
- Politics
- Middle East Eye
Israel's Gaza siege ‘unconscionable and deeply illegal': Norway deputy foreign minister
Norwegian Deputy Foreign Minister Andreas Motzfeldt Kravik has denounced Israel's siege on Gaza as 'unconscionable and deeply illegal', with aid unable to reach the Palestinian enclave for two months. Kravik spoke on behalf of Norway before the International Court of Justice (ICJ) on Thursday, in hearings on Israel's humanitarian obligations under international law. The case is based on a request by the United Nations General Assembly in December, which Norway lobbied for after Israel banned the UN agency for Palestinian refugees, Unrwa. 'We first initiated this process in the UN, where we put forward a resolution where we asked the General Assembly to request the court to pronounce on Israel's obligations under international law to provide for humanitarian relief to Palestinians,' he told Middle East Eye after the court's proceedings on Thursday. 'The backdrop here was the suffering that we're seeing on the Gaza Strip, especially, but also on the West Bank and the humanitarian blockade,' he said. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters 'We felt that that was not only unconscionable, but it was also deeply illegal,' he added. 'It's important to get the normative issue clarified. So we want the ICJ to pronounce on the legal side of things.' On Friday, the court concluded five days of hearings, in which several states argued that Israel is in breach of its international legal obligations to facilitate the entry of aid to the population under its occupation. The US on Wednesday disputed the majority opinion, arguing for an interpretation of international humanitarian law in favour of limiting such obligation due to military necessity and Israel's security. In their oral intervention before the court, Norwegian diplomats argued that Israel has an obligation under international law to collaborate with the UN, international organisations and third states in the provision of relief to occupied Palestine. 'This can be achieved only by lifting the blockade, dramatically increasing the number and capacity of land crossing points and keeping them open,' Kravik told the court. Failing to ensure the provision of relief would amount to a breach of the Palestinian people's right to self-determination, argued Kristian Jervell, legal director at Norway's foreign ministry. The ICJ case was prompted by Israel banning Unrwa in October, an event that sparked global outrage and calls for the country to be ejected from the UN. The country was accused of violating the founding charter, particularly the privileges and immunities enjoyed by UN agencies. Expected to be decided in late May or early June, it will be the third advisory opinion case since 2004 to be heard before the World Court in relation to Israel's violations of international law. Unrwa is the primary source of humanitarian support for an estimated 5.9 million Palestinian refugees in occupied Palestine and neighbouring countries. This includes the provision of basic services such as education, food, medical care and the distribution of fuel. Its closure may lead to the collapse of the primary lifeline for Palestinians. According to the organisation's latest situation report, since October 2023, Israel has killed at least 290 Unrwa staff members and carried out at least 830 attacks on the agency's premises and people sheltering in them. Palestinian statehood Norway is among 147 states that have recognised Palestinian statehood. In April, a year after Norway's recognition of Palestinian statehood, Kravik announced the formal establishment of diplomatic relations with Palestine, with the appointment of Palestinian ambassador Marie Antoinette Sedin. In addition to the ICJ case, Norway is also leading an international coalition for the two-state solution, along with Saudi Arabia and the EU, Kravik told MEE. A UN conference on Palestinian statehood is scheduled to be held in New York from 2-4 June, based on a UN General Assembly resolution passed in December in support of the two-state solution. French President Emmanuel Macron last month said that his country may recognise Palestinian statehood by the June conference, and the UK has said it is in discussions with France over the issue.
South China Morning Post
21-03-2025
- Politics
- South China Morning Post
China, Europe must lean ‘closer' as Trump-led US turns its back on multilateral world
Europe and China will have to collaborate more closely on tackling global challenges as the United States retreats from the multilateral world order under President Donald Trump, according to a top Norwegian diplomat. Advertisement In an interview with the South China Morning Post earlier this month, Norwegian foreign vice-minister Andreas Kravik highlighted China's strategic importance for both Oslo and Europe amid transatlantic uncertainties, while stressing that Europe must avoid dependencies on either Beijing or Washington. Despite differences around certain issues such as human rights and the South China Sea , collaborating with China on fostering economic partnership and sustaining multilateralism was in Oslo's self-interest, he said, while calling on Beijing to exercise its power in a more responsible way and help to rein in Russia. 'From our vantage point, it's impossible to address any problems of a global nature without collaborating with China, given China's size, sophistication and geopolitical footprint,' said Kravik, who wrapped up his first China visit earlier this month. His trip to Beijing and Hong Kong coincided with China's European charm offensive as Trump's inward-looking policies strain transatlantic relations, with Beijing styling itself as an indispensable partner and an alternative to the US. Advertisement 'Regardless of what the US is doing, we are adamant that we need to work with our Chinese counterparts in order to identify solutions and that's something that we have been pursuing,' Kravik said, when commenting on Trump's decision to withdraw the US from the 2015 Paris climate accord for the second time.
