August 16, 2015

BS Fails in All Attempts to Hurt Israeli Economy

In a new article in the Jerusalem Post, Dr. Mitchell Bard puts it again very clearly: All BSemites are doing does not damage Israel in any way; the only ones being hurt by the BS movement are Palestinian workers.
Overall, Israeli exports have grown from around $5 million in 1948, to more than $47 billion in 2014. Israel’s largest single trade partner remains the United States, despite political tensions between the political leaders. The total volume of trade in 2014 was $36 billion. In addition, each of the 50 states benefit from their ties with Israel. In 2014 alone, 21 states exported more than $100 million worth of goods to Israel, led by New York with exports of more than $5 billion. 
The central hub of the BDS movement is in England, but the various votes by academic and trade associations for boycotts have had virtually no tangible impact. In fact, total bilateral trade amounted to a record $6 billion in 2014, an increase of more than 7 per cent from the previous year.
More markets are actually opening up to Israeli export, not being shut down:
The biggest economic story is the exponential expansion of Israel’s trade with Asia, which will overtake the U.S. as Israel’s second biggest export destination this year. China is already Israel's third-largest trading partner; in fact, since formally establishing diplomatic relations with China in 1992, trade has increased 220-fold from $50 million in 1992 to $11 billion in 2014. In addition, total trade between Israel and Japan reached $2.3 billion in 2014.
And, as mentioned, Dr. Bard shows that the only that are being hurt by BS activities are Palestinians:
So who is being hurt by the BDS movement?

The Palestinians, of course. “The sanctions do run the risk of hurting the Palestinian economy,” Lindow noted, “which is much smaller and poorer than that of Israel.” The campaign against SodaStream, for example, may have made activists abroad feel good, but it was devastating to the hundreds of Palestinians who will probably be fired when the company moves its factory from Maale Adumim to the Negev.
Just another proof of BSemites' futile attempts.