This week,
ASN Bank, a Dutch bank based in The Hague, announced that it would end its relationship with Veolia Transport, and all companies that benefit from Israel’s occupation of Palestinian territory. Since it first announced its intentions to become involved in an Israeli project to build a light rail/tramline system, to be constructed in occupied East Jerusalem, Veolia Transport, a French multi-national corporation, faced a lot of criticism from all over the world. The tramline aims to connect the illegally-constructed settlements in East Jerusalem with towns and cities in Israel. The case of
ASN Bank shows that a call for boycott and divestment can be successful.