The cyber protest and boycott called by Muslims against Israeli products works as Nestle sales reportedly down by 3%.
A list of products and companies, including Nestle, purportedly with ties to Israel’s Zionist regime has been circulating in the social media.
According to Dr. Hafidzi Mohd Noor, director of PACE (Palestine Centre for Excellence) “Boycotting is actually a war strategy,and The modern day war is no longer just about weapons. Our war with the Zionists is a ‘total war’; it includes factors like economy, politics, social, culture, and education. Today we can see Zionists having control over the world. Even the United Nations is powerless in enforcing their resolutions upon Israel. They are protected by the United States which have veto power to overturn any security resolutions. Boycotting is the most effective weapon in going to war with Israel’s economy.”
Nestlé is the world’s largest food company, it owns 53.8% share of leading Israeli food manufacturer Osem, an investment worth over $850 million.
In 1998, Mr. Peter Brabeck-Letmathe on behalf of Nestle, received the Jubilee Award by the Israeli Prime Minister Netanyahu [Jubilee Award]. Following the award in June 2002 Nestle opened its Research & Development Centre in Israel, in Sderot. And since then it has steadily increased its investment in Israel, its initial 10% stake in Osem has now grown to a controlling 53.8%. Nestle also owns Nespresso Israel Ltd in Tel Aviv which supplies coffee brewing equipment. In 2010 Nestle acquired a 51% stake in Israeli babyfood company Materna Laboratories for $72 million.
Nestle has 9 factories in Israel, which after China(18) and Russia(11) is the highest number in any country in Asia – disproportionately high when one considers its size and population. And in May 2011, Nestle announced plans to build another factory in Israel, an ice cream plant worth $40 million.
Nestlé also owns 30% stake in L’Oréal, another company on the boycott list.
-Siasat News