Europe Doubles Weapons Purchases From Israel Despite Growing Calls To End Gaza Genocide

 Europe Doubles Weapons Purchases From Israel Despite Growing Calls To End Gaza Genocide

Israel’s defense industry has increased its profits in recent years, selling weapons to European countries supporting Ukraine in its war against Russia

Israel’s defense industry reached a new milestone in 2024, with annual arms exports surging to a record $14.8 billion, marking the fourth consecutive year of growth, even as calls for boycotts over the war in Gaza intensified across Europe.

According to figures released on 5 June by Israel’s Defense Ministry, arms exports rose 13 percent compared to 2023, driven largely by European countries increasing defense budgets in response to Russia’s war in Ukraine. Defense exports now account for nearly 10 percent of all Israeli exports and nearly a quarter of goods exports.

Despite growing political opposition to Israeli military actions in Gaza, 54 percent of all Israeli defense exports in 2024 were sold to European countries, up sharply from 35 percent the previous year. Sales to Europe totaled $8 billion, nearly doubling from 2023, as European governments rushed to bolster air defense and missile systems amid concerns about a future war with Russia.

Israeli Defense Minister Israel Katz praised the export boom as “a direct result of the successes of the IDF and the defense industries against Hamas in Gaza, Hezbollah in Lebanon, the Houthis [Ansarallah] in Yemen, the Ayatollah regime in Iran, and in other arenas.”

“The world sees Israeli strength and seeks to be a partner to it,” he claimed.

🔗SOURCE ➡️ The Cradle

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