Bennett warns of sanctions risk to Israeli high-tech sector
1 report, 1 independent
Updated 00:00
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What happened
At the Israel Advanced Technology Industries summit, Naftali Bennett called for a national effort to encourage Israeli entrepreneurs and skilled workers to remain in the country. He warned that Israel must prevent technology companies from moving their operations abroad. Separately, a report cited Liberman stating that the United States could impose sanctions within two years if Israel continues its current course.
From jpost.com
Why it matters
Liberman argued that Israel's technology sector, which relies heavily on international investors, clients, and partnerships, would struggle under such developments. He also noted that Britain was discussing possible sanctions against Israeli banks.
From jpost.com
Who's involved
- Naftali BennettCalled for a national effort to retain talent and prevent tech companies from moving operations abroad.