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Illinois threatens divestment over Ben & Jerry’s West Bank settlement boycott

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Illinois regulators plan to warn the owner of Ben & Jerry’s to reverse the company’s decision to stop selling ice cream in West Bank settlements or face divestment by the state, an official said Wednesday.

The Israeli Boycott Restrictions Committee of the Illinois Investment Policy Board will meet to approve setting a 90-day deadline for Unilever to reverse the decision by Ben & Jerry’s, committee chairman Andy Lappin said.

There is no date set for the meeting but it will be called specifically to address the July 19 announcement by the Vermont-based confection-maker that continuing to market its product over the Green Line is “inconsistent with our values.”

Lappin said that “the egregious nature of the statement is almost unprecedented.”

The move is considered a strong condemnation by a well-known company of Israel’s settlement policy in the West Bank.

The Illinois Investment Policy Board monitors compliance with state law prohibiting the investment in certain companies that do........

© The Times of Israel

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