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In order to sell trains to Turkey: "Siemens" signed a document to boycott Israel Israel today


A Turkish subsidiary of the giant German concern, which invests in projects in Israel, reached an understanding with a Saudi bank regarding the ban on sales to Israel • The company refused to comment on the boycott

A Turkish subsidiary of the German "Siemens" concern has agreed to sign a document requiring it to respect the Arab boycott as part of an agreement to sell 12 new trains to Turkey's state railway company.

This is according to internal documents of "Siemens", obtained by the German public television station SWR.

According to these documents, one of the financiers of the deal, the Islamic Development Bank based in Saudi Arabia, conditioned the financial assistance for the purchase of eight of the dozen trains on the signing of a commitment document for the Arab boycott of Israel, to which the Organization of Islamic States and the African Union are also partners.

The signing of the agreement requires "Siemens" not to do business with Israel.

"Siemens", which invests among other things in the railway sector in Israel, tried to circumvent the Saudi stipulation in the boycott of Israel - which is contrary to German law, by having its Turkish subsidiary sign the document.

The chairman of the Germany-Israel Friendship Association, Volker Beck, responded to the disclosure by saying that it is a moral bankruptcy on the part of a German concern.

He intends to file a complaint with the legal-financial authorities, in order to check the legality of the activities of "Siemens".

Siemens responded to the affair: "We adhere to all international standards for fulfilling (business) requirements, we do not show any tolerance for corruption, violation of the principles of fair competition or internal laws and guidelines. We cultivate long-standing business relationships." The concern refused to comment on the boycott issue.

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Source: israelhayom

All news articles on 2023-02-03

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