North Carolina Divesting $40 Million From Ben & Jerry’s Over Israel Boycott

Ben & Jerry’s had stopped the sale of its products in the West Bank and Gaza Strip back in 2021.
North Carolina Divesting $40 Million From Ben & Jerry’s Over Israel Boycott
Ben & Jerry’s ice cream in a grocery store in Washington on July 10, 2023. Madalina Vasiliu/The Epoch Times
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North Carolina State Treasurer Dale Folwell justified the state’s recent decision to pull out investments from ice cream company Ben & Jerry’s over the firm’s boycott of Israel, suggesting that local laws compel them to make such a move.

“We are where we are. We don’t pick which laws to apply and who to apply them to,” North Carolina State Treasurer Dale Folwell, a Republican, said in an interview this week. “I wish I never heard of this subject and wish we didn’t have to do what we had to do.” In 2021, Ben & Jerry’s announced it would no longer sell its products in the “Occupied Palestinian Territory (OPT),” which comprises the West Bank, including East Jerusalem, and the Gaza Strip.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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