The China Mail - EU proposes action on Israel trade and ministers over Gaza

USD -
AED 3.672505
AFN 66.340224
ALL 83.497923
AMD 382.609469
ANG 1.789982
AOA 917.000066
ARS 1419.999775
AUD 1.529251
AWG 1.805
AZN 1.694926
BAM 1.69053
BBD 2.013199
BDT 122.040081
BGN 1.694045
BHD 0.376959
BIF 2944.122948
BMD 1
BND 1.302343
BOB 6.932259
BRL 5.305197
BSD 0.999555
BTN 88.602015
BWP 13.376091
BYN 3.40751
BYR 19600
BZD 2.01026
CAD 1.40167
CDF 2149.999964
CHF 0.804539
CLF 0.023972
CLP 940.396475
CNY 7.11935
CNH 7.121535
COP 3767.35
CRC 501.851908
CUC 1
CUP 26.5
CVE 95.30992
CZK 20.994038
DJF 177.720232
DKK 6.457225
DOP 64.257098
DZD 130.50503
EGP 47.249902
ERN 15
ETB 153.488804
EUR 0.86475
FJD 2.278502
FKP 0.760102
GBP 0.75855
GEL 2.704965
GGP 0.760102
GHS 10.935116
GIP 0.760102
GMD 72.999866
GNF 8676.560839
GTQ 7.661756
GYD 209.11739
HKD 7.773345
HNL 26.298388
HRK 6.517603
HTG 130.865275
HUF 331.547959
IDR 16700.45
ILS 3.23525
IMP 0.760102
INR 88.727896
IQD 1309.430684
IRR 42099.999966
ISK 126.440553
JEP 0.760102
JMD 160.884767
JOD 0.708981
JPY 153.941498
KES 129.15009
KGS 87.449895
KHR 4014.123769
KMF 421.000338
KPW 900.001961
KRW 1455.5198
KWD 0.30706
KYD 0.832995
KZT 523.659906
LAK 21704.273866
LBP 89509.255218
LKR 303.946271
LRD 182.9175
LSL 17.178358
LTL 2.95274
LVL 0.60489
LYD 5.454184
MAD 9.253615
MDL 16.967539
MGA 4490.390392
MKD 53.184777
MMK 2099.688142
MNT 3580.599313
MOP 8.00287
MRU 39.691938
MUR 45.859637
MVR 15.405027
MWK 1733.230185
MXN 18.36953
MYR 4.159892
MZN 63.949811
NAD 17.178358
NGN 1436.090317
NIO 36.778847
NOK 10.116098
NPR 141.763224
NZD 1.770895
OMR 0.384503
PAB 0.999555
PEN 3.373627
PGK 4.219862
PHP 58.8825
PKR 282.620849
PLN 3.660985
PYG 7080.900498
QAR 3.643153
RON 4.396989
RSD 101.319748
RUB 81.256995
RWF 1452.835571
SAR 3.750525
SBD 8.230592
SCR 13.66365
SDG 600.498439
SEK 9.50335
SGD 1.301997
SHP 0.750259
SLE 23.201184
SLL 20969.499529
SOS 570.223396
SRD 38.496501
STD 20697.981008
STN 21.17701
SVC 8.745711
SYP 11056.839565
SZL 17.173258
THB 32.298309
TJS 9.26079
TMT 3.51
TND 2.950779
TOP 2.342104
TRY 42.231803
TTD 6.780101
TWD 30.969499
TZS 2455.707016
UAH 42.029631
UGX 3508.468643
UYU 39.769731
UZS 12009.577236
VES 228.193962
VND 26300
VUV 122.518583
WST 2.820889
XAF 566.988067
XAG 0.019896
XAU 0.000244
XCD 2.70255
XCG 1.801429
XDR 0.704795
XOF 566.990518
XPF 103.084496
YER 238.501313
ZAR 17.133298
ZMK 9001.199493
ZMW 22.614453
ZWL 321.999592
  • SCS

    0.0150

    15.775

    +0.1%

  • BTI

    0.5700

    55.16

    +1.03%

  • RYCEF

    0.0200

    14.82

    +0.13%

  • VOD

    0.0550

    11.635

    +0.47%

  • GSK

    0.4400

    47.07

    +0.93%

  • RBGPF

    0.0000

    76

    0%

  • NGG

    -0.6500

    77.1

    -0.84%

  • BCE

    -0.2700

    22.92

    -1.18%

  • BP

    0.2550

    36.835

    +0.69%

  • RIO

    0.9330

    70.263

    +1.33%

  • CMSC

    0.0400

    23.89

    +0.17%

  • RELX

    -0.2800

    41.99

    -0.67%

  • CMSD

    0.0600

    24.16

    +0.25%

  • BCC

    -1.0100

    69.63

    -1.45%

  • AZN

    2.1000

    86.68

    +2.42%

  • JRI

    -0.0520

    13.688

    -0.38%

EU proposes action on Israel trade and ministers over Gaza
EU proposes action on Israel trade and ministers over Gaza / Photo: © 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.

G.Fung--ThChM