A new bill being promoted by Prime Minister Benjamin Netanyahu would imprison Israelis for up to three years for doing business with companies that contribute to Iran’s nuclear program, whether directly or indirectly.
The bill, entitled “The law of the struggle against Iran’s nuclear program,” seeks to strike a blow against Iran by prohibiting Israeli business dealings with companies that deal with the Islamic Republic on all matters related to technology, information, financial services and logistics that aid its nuclear program in any way.
This sweeping ban would also require any Israeli who currently has such dealings to notify the Finance Ministry, and cease all relations within 90 days of the bill passing. Refraining from reporting business activity with Iran will be a criminal offense, punishable by one year in prison.
According to Haaretz, the proposed law states: “In light of the threats and their severity, the State of Israel and the international community are acting to impose sanctions on Iran, so that it will change its policy and cease from promoting its dangerous nuclear program.”
A committee to be set up under the auspices of the finance minister will determine which companies are in violation of this ban.
Get The Times of Israel's Daily Edition
by email and never miss our top stories
By signing up, you agree to the
terms
We can't do this work alone.
The war with Iran has been draining for all of us in Israel. But when I heard about a high casualty incident – ballistic missile impacts in Arad and Dimona that left nearly 200 people wounded – I drank a cup of coffee, packed a bag, and headed south.
There, I spoke with Shilgit, the head of an after-school program for underprivileged youth. Standing outside her destroyed center, Shilgit said it was a miracle that no children were hurt and spoke about the community coming together in the hours since.
As a Times of Israel reporter, I’m committed to telling stories of resilience like Shilgit’s. But my colleagues and I can't do this alone. If you value work like this, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to keep real human reporting like this going.
— Stav Levaton, military reporter
Yes, I'll join
Yes, I'll join
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
