Netanyahu Silent on West Bank Annexation as Key Date Arrives
(Bloomberg) --
The date set by Israeli Prime Minister Benjamin Netanyahu for taking the first steps toward annexing West Bank land arrived with no sign of how he intends to proceed with the contentious pledge.
Israel's coalition agreement authorized Netanyahu to start taking action on July 1 to extend sovereignty over territory the Palestinians claim for a future state. Yet pushback within his government and reports of divided opinions in the Trump administration have created obstacles.
Foreign Minister Gabi Ashkenazi estimated in an interview Wednesday with Army Radio that there wouldn't be any movement on the target start date. The prime minister, who discussed annexation this week with U.S. officials in Jerusalem, hasn't signaled how much land he seeks to claim.
Netanyahu Keeps Annexation Details Close With Key Date Near
A unilateral Israeli step would throw over decades of negotiations that sought to resolve the fate of the West Bank in a peace treaty, and risk renewed conflict with the Palestinians, who say it would destroy their dream of a homeland. A new report on annexation from the Palestine Liberation Organization's negotiations department carries the subtitle: “Israel's Denial of Palestine's Right to Exist.”
Movement on annexation could also bring diplomatic and economic penalties from European and Arab powers. The Trump administration, by contrast, supports annexation within the context of its Middle East peace plan, emboldening Netanyahu.
The Palestinians and most countries contend that annexation would violate an international treaty that bars occupying states from extending sovereignty over vanquished areas. Israel disputes this on the ground that it seized the West Bank in the 1967 Middle East war from Jordan and not from a sovereign Palestinian state.
In the Gaza Strip on Wednesday, tens of thousands turned out to protest the annexation plan, waving Palestinian flags and chanting slogans against Israel and the Trump peace proposal.
“The occupation will not enjoy calm for too long,” said Sa'di A'abed, a spokesman for the various political factions that participated in the demonstration. “As our people erupted in an uprising in 1987, so will they surprise the occupier and the world with a new wave of struggle that no one expected.”
Demonstrations were also scheduled later Wednesday in the West Bank, which is experiencing a big surge in coronavirus cases. The West Bank-based Palestinian Authority has said it will evaluate how to respond to annexation if Israel takes action.
For more than 50 years, Israeli leaders have refrained from annexation, in part because of the opposition it would draw globally. Netanyahu suddenly turned it into a campaign issue last year in the midst of a close-fought election race where he sought to siphon off right-wing votes from other nationalist parties.
Israeli Defense Chief Says Annexation ‘Will Wait' Amid Virus
The idea won the backing of the Trump administration, which has endorsed annexation of as much as 30% of the West Bank, where more than 400,000 Jewish settlers live alongside 2.6 million Palestinians. Yet Israeli media have reported that some in Washington don't want the U.S. to be seen as championing unilateral Israeli action outside a negotiations framework.
Palestinians have rejected the Trump peace proposal as hopelessly biased in Israel's favor.
Netanyahu has also failed to bring round his partner in a power-sharing agreement, Alternate Prime Minister and Defense Minister Benny Gantz. On Monday, Gantz, a former military chief now with overall responsibility for the country's security, said plans to annex West Bank territory must be put to the side while the country tackles a resurgent coronavirus outbreak.
Netanyahu fired back, saying annexation “doesn't depend” on Gantz, according to Hebrew-language media. Local reports have said the U.S. wants Gantz and Netanyahu to reach an agreement on how to move ahead. Gantz also met with U.S. officials this week.
©2020 Bloomberg L.P.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.