The Itochu company stops cooperation with the Israeli company because of the war in Gaza
The Japanese company Itochu will stop military cooperation with Israel 's Elbit defense company due to the war in Gaza . "Itochu plans to end the partnership after the International Court of Justice last month ordered Israel to prevent genocidal acts against Palestinians and provide more aid to civilians ," said the company's financial director.
Itochu Company of Japan since February, because of the war in Gaza , it will stop military cooperation with the Israeli defense company Elbit Systems Ltd. This was announced by the financial director of the company, Tsuyoshi Hachimura, The Economic Times reports.
"Itochu plans to end cooperation after the International Court of Justice last month ordered Israel to prevent genocidal acts against Palestinians and provide more aid to civilians ," he said.
"Given the order of the International Court of Justice on January 26 and the Japanese government's support for the role of the court, we have already suspended new activities related to the Memorandum and plan to finish the Memorandum by the end of February," added Tsuyoshi Hachimura .
Itochu Aviation, Elbit Systems and Nippon Aircraft Supply (NAS) signed a memorandum of strategic cooperation in March 2023, seven months before the start of the war.
" As for the business related to Israel, Itochu has small fintech investments and a car sales business, but he has no problems with debt collection or other problems, " Hachimura said .
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