If Israel declares sovereignty over settlements, the EU has threatened to retaliate with boycotts of diplomatic visits and cancellation of billions in grants for research.
The European Union is planning to impose penalties if Israel
puts into action plans to apply sovereignty to settlements in Judea and Samaria
it was reported Sunday.
The EU and many of its members have voiced their objection to Israel making any ‘unilateral’ steps in
regards to settlements, saying that doing so is a serious threat to the future
of the two-state solution. The EU’s unilateral actions iof illegal construction
in area C is disregarded.
Oded Eran, Israel’s former ambassador to the EU, and former
Israeli ambassador to Germany Shimon Stein say that “declaring the application
of sovereignty will bring condemnation and possibly even punishments.”
Stein and Eran noted that the EU doesn’t have the ability to
cause significant economic damage to Israel that would discourage the Israeli
government from deciding to extend sovereignty, but at the same time they
pointed out if the Democrats win the November presidential elections, the
European position must be taken into account.
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