The Japan Times - EU proposes action on Israel trade and ministers over Gaza

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.834974
GBP 0.834166
GEL 2.893653
GGP 0.834974
GHS 13.055243
GIP 0.834974
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.834974
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.834974
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.587311
MNT 4015.514918
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 132.393741
WST 3.108622
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.340367
MXV 2.33632
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

EU proposes action on Israel trade and ministers over Gaza
EU proposes action on Israel trade and ministers over Gaza / Photo: Jack GUEZ - AFP

EU proposes action on Israel trade and ministers over Gaza

The European Union on Wednesday proposed curbing trade ties with Israel and sanctioning ministers in its strongest action yet over the war in Gaza, though reluctance from key member states risks blocking adoption.

Text size:

The bloc's executive, however, said it would take immediate action by freezing some 20 million euros ($23.7 million) in support for Israel.

Pressure has mounted on the 27-nation bloc to act against Israel over its devastating near two-year offensive in Gaza.

"The horrific events taking place in Gaza on a daily basis must stop," EU chief Ursula von der Leyen said.

"There needs to be an immediate ceasefire, unrestrained access for all humanitarian aid, and the release of all hostages held by Hamas."

Under its new proposals, Brussels is pressing to suspend the parts of a cooperation deal that allow for reduced tariffs on goods coming from Israel.

Officials said the measure would hit more than a third of Israel's exports to the EU, worth around six billion euros -- including agricultural produce such as dates and nuts.

The commission also called for asset freezes and visa bans on far-right Israeli government ministers Itamar Ben Gvir and Bezalel Smotrich over their "extremist" rhetoric.

Those measures -- initially floated by von der Leyen in a speech last week -- represent the firmest attempt by the EU chief to pressure Israel.

"Today marks a critical turning point in holding Israel accountable," said Irish foreign minister Simon Harris.

But opposition from Germany and Italy means the bloc will struggle to get the backing of enough EU countries to go through.

That reluctance has already stalled a softer proposal to cut funding to Israeli tech firms, much to the ire of the EU countries demanding action.

Von der Leyen's commission does have the power to freeze bilateral support.

That step will not include funds going to help civil society groups and Israel's Yad Vashem Holocaust memorial.

- 'Appropriate response' -

Israel called the move "morally and politically distorted".

"Any action against Israel will receive an appropriate response, and we hope we will not have to use them," Israeli Foreign Minister Gideon Saar wrote on X.

EU foreign policy chief Kaja Kallas insisted the aim was "not to punish Israel" but to try to improve the humanitarian situation in Gaza.

The push for action within the EU comes as Israel has drawn fresh international condemnation by launching a major ground assault on Gaza City.

The army unleashed a massive bombardment before dawn on Tuesday and pushed its troops deeper into the Palestinian territory's largest urban hub.

On the same day, a UN probe said Israel was committing genocide and that Prime Minister Benjamin Netanyahu and other senior officials had incited the crime.

The war was sparked by Palestinian Islamist group Hamas's October 2023 attack on southern Israel, which resulted in the deaths of 1,219 people, most of them civilians, according to an AFP tally of official figures.

Israel's retaliatory campaign has killed at least 64,964 people, also mostly civilians, according to figures from the territory's health ministry that the United Nations considers reliable.

The Israeli military estimates there are 2,000 to 3,000 Hamas militants in central Gaza City, and that about 40 percent of residents have fled.

M.Fujitav--JT