Amman, June 13 (Petra) – More than 40 Democratic members of the US
House of Representatives signed a letter demanding that the US
Departments of State and Treasury disclose how legal restrictions are
being applied to the US loan guarantee program for Israel.

The letter comes amid a growing shift within the Palestinian-American
movement, from focusing exclusively on military aid to targeting the
funding networks, investments, and financial privileges that
contribute to ongoing expansion of settlements.

Over the past two years, numerous campaigns have emerged targeting
public investments, pension funds, and US government programs linked
to Israel. Activists view the loan guarantee program as one of the
least discussed issues, despite its significant financial importance.

The program grants Israel significant advantages when borrowing from
global markets through US guarantees that reduce borrowing costs and
provide more favorable financial terms.

However, the Congress members who signed the letter want to know
whether successive US administrations have actually implemented the
laws that require them to account for settlement-related spending and
deduct it from the value of the guarantees granted.

//Petra//SS