Arizona Divests From Ben & Jerry's Over Its 'Antisemitic' Israel Boycott

By JPost
Posted on 09/08/21 | News Source: JPost

The state of Arizona plans to completely divest $143 million from the global ice cream company Ben & Jerry’s as of September 2021 over its Israel boycott.
“Israel is and will continue to be a major trading partner of Arizona,” Arizona State Treasurer Kimberly Yee said on Tuesday.
“As Arizona’s Chief Banking and Investment Officer, I stand with Israel and I will not allow taxpayer dollars to go towards antisemitic, discriminatory efforts against Israel,” she stated.
Arizona is the first state to totally divest from Ben & Jerry’s after the ice cream giant, which is a subsidiary of the British based Unilever conglomerate, announced that it planned to end its contract with its Israeli franchise as of December 2022.
The Israeli Ben & Jerry’s franchise is based in southern Israel and has been in operation for 35 years. It ran afoul of Ben & Jerry’s for its refusal to halt ice cream sales to West Bank settlements.
The boycott decision by Ben & Jerry’s Independent Board of Directors to end its ties with its franchisee was modified by Unilever and the Ben & Jerry’s CEO, who said they wanted the ice cream company to maintain ties with Israel through another franchise that would not allow sales to the settlements.