European Council warns companies not to finance Israel's E1 West Bank settlement construction

The European Council has issued a formal warning to companies regarding potential involvement in the construction of the East 1 (E1) settlement in the Israeli-occupied West Bank. According to the reports, businesses that choose to finance or otherwise participate in the E1 project could face severe consequences, specifically including legal, economic, and reputational repercussions.

The intervention originates from the body responsible for setting the European Union's political direction. By targeting corporate financing and involvement, the warning signals a policy approach focused on the commercial and financial dimensions of settlement expansion in the West Bank.