The Fort Worth Press - EU proposes action on Israel trade and ministers over Gaza

USD -
AED 3.672498
AFN 63.503463
ALL 83.463315
AMD 376.986282
ANG 1.790083
AOA 916.999701
ARS 1385.5001
AUD 1.455519
AWG 1.8
AZN 1.697717
BAM 1.699513
BBD 2.014051
BDT 122.697254
BGN 1.709309
BHD 0.377509
BIF 2970.416618
BMD 1
BND 1.287696
BOB 6.935386
BRL 5.249203
BSD 0.999996
BTN 94.787611
BWP 13.787859
BYN 2.976638
BYR 19600
BZD 2.011105
CAD 1.38957
CDF 2282.497331
CHF 0.79815
CLF 0.023381
CLP 923.220134
CNY 6.91185
CNH 6.910575
COP 3675.3
CRC 464.366558
CUC 1
CUP 26.5
CVE 95.823032
CZK 21.287398
DJF 178.063563
DKK 6.487585
DOP 59.522516
DZD 133.12557
EGP 53.60199
ERN 15
ETB 154.582495
EUR 0.868195
FJD 2.24025
FKP 0.752712
GBP 0.753015
GEL 2.679845
GGP 0.752712
GHS 10.957154
GIP 0.752712
GMD 73.496975
GNF 8767.699413
GTQ 7.653569
GYD 209.330315
HKD 7.83265
HNL 26.549649
HRK 6.542699
HTG 131.078738
HUF 337.827038
IDR 16992
ILS 3.13965
IMP 0.752712
INR 94.54595
IQD 1309.975365
IRR 1313250.000126
ISK 124.680163
JEP 0.752712
JMD 157.400126
JOD 0.709001
JPY 159.638505
KES 130.050221
KGS 87.450178
KHR 4004.935568
KMF 427.999997
KPW 900.00296
KRW 1515.180048
KWD 0.308023
KYD 0.833344
KZT 483.44391
LAK 21749.12344
LBP 89547.486737
LKR 314.996893
LRD 183.502503
LSL 17.171359
LTL 2.95274
LVL 0.60489
LYD 6.383247
MAD 9.346391
MDL 17.564303
MGA 4167.481307
MKD 53.547773
MMK 2098.832611
MNT 3571.142668
MOP 8.068492
MRU 39.926487
MUR 46.9159
MVR 15.449664
MWK 1733.901626
MXN 18.05465
MYR 4.019496
MZN 63.949773
NAD 17.171583
NGN 1382.179868
NIO 36.800007
NOK 9.73768
NPR 151.645993
NZD 1.74163
OMR 0.384435
PAB 1.000013
PEN 3.483403
PGK 4.321285
PHP 60.756974
PKR 279.086043
PLN 3.715515
PYG 6537.91845
QAR 3.646009
RON 4.4255
RSD 101.931978
RUB 81.502485
RWF 1460.256772
SAR 3.752499
SBD 8.042037
SCR 14.901688
SDG 600.999691
SEK 9.45515
SGD 1.28755
SHP 0.750259
SLE 24.550138
SLL 20969.510825
SOS 571.503052
SRD 37.600996
STD 20697.981008
STN 21.28926
SVC 8.74968
SYP 110.527654
SZL 17.169497
THB 32.779898
TJS 9.555322
TMT 3.5
TND 2.948402
TOP 2.40776
TRY 44.41694
TTD 6.794374
TWD 32.0145
TZS 2584.999806
UAH 43.831285
UGX 3725.347921
UYU 40.479004
UZS 12195.153743
VES 467.928355
VND 26335
VUV 119.385423
WST 2.775484
XAF 569.988487
XAG 0.014146
XAU 0.000221
XCD 2.70255
XCG 1.802248
XDR 0.708991
XOF 569.988487
XPF 103.633607
YER 238.59797
ZAR 17.06745
ZMK 9001.197652
ZMW 18.824133
ZWL 321.999592
  • BCC

    0.2900

    74.72

    +0.39%

  • CMSC

    -0.0400

    22.685

    -0.18%

  • NGG

    2.0500

    83.97

    +2.44%

  • CMSD

    -0.0790

    22.581

    -0.35%

  • AZN

    6.1250

    194.545

    +3.15%

  • RIO

    2.3180

    88.958

    +2.61%

  • BCE

    0.2150

    25.465

    +0.84%

  • JRI

    0.1900

    11.99

    +1.58%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BTI

    0.7800

    58.58

    +1.33%

  • BP

    0.5250

    47.205

    +1.11%

  • VOD

    0.2750

    14.765

    +1.86%

  • RELX

    0.8400

    32.81

    +2.56%

  • RYCEF

    -0.1400

    14.55

    -0.96%

  • GSK

    0.5300

    54.37

    +0.97%

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.

T.Dixon--TFWP