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Source: https://en.globes.co.il/en/article-bds-has-zero-impact-on-israeli-businesses-1001255776
BDS Has Zero Impact on Israeli Businesses
(Globes) Adam Reuter - A study of the effect of BDS on the Israeli economy by our company, Financial Immunities, revealed a wide gap between journalists' reports about the effect of the anti-Israel boycott campaign and its actual effects, which were negligible. Using a false digital identity, I asked the BDS organization what I should do to boycott Israel. They sent me a link to a page with hundreds of names of international companies having connections with Israel. Boycotting them would have prevented me from buying things ranging from basic items at the supermarket to any kind of mobile telephone, a refrigerator, or a car. I asked managers of Israeli companies, "Can you quantify in money how much your company lost as a result of the economic boycott created by BDS?" The proportion of Israeli companies able to state that they had been damaged by the sanctions was around 0.75%. The rate of damage of each of them was less than 10% of their turnover. According to our calculations, the cumulative proportion of economic damage to Israel from BDS since 2010 was 0.004% - meaning if the Israeli economy's yearly income were 1 million shekels, the damage from the sanctions would have been 40 shekels. Paradoxically, there were also Israeli companies that benefited from the boycott. One company said that after BDS activists stood in front of its store in London and called for boycotting its products, the number of buyers jumped by four times the usual number as many came to demonstrate their sympathy for Israel. The writer is chairperson of Financial Immunities.