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Arizona is divesting all public funds from Ben & Jerry’s over the company’s boycott against Israel, state Treasurer Kimberly Yee announced Tuesday.
“As Arizona Treasurer, I’ve divested all state funds from Ben & Jerry’s for boycotting Israel,” Yee tweeted. “Israel is and will continue to be a major trade partner of AZ. #IStandWithIsrael and I will not allow taxpayer dollars to go towards anti-Semitic, discriminatory efforts against Israel.”
Ben & Jerry’s, the Vermont-based ice cream company that supports left-wing issues, announced in July that it would not be renewing its contract with its licensee in Israel, which the company described as “Occupied Palestinian Territory.”
Yee sent a letter Thursday to parent company Unilever PLC saying it was actively boycotting Israel due to the actions of its subsidiary and that such a boycott would be in direct violation of Arizona statutes.
Arizona law states that a public entity or public fund may not enter a contract or directly invest with a person or company that is engaged in boycotting Israel, the state treasurer’s office said in a press release(LINK)
reported by By Fox Business
