Israeli Defense Ministry Comes Out Against Sale of Zim to Hapag-Lloyd
Opposition continues to mount in Israel to the agreed sale of Zim to Hapag-Lloyd and the formation of a smaller domestic shipping company by an investment fund. Israel’s Defense Ministry issued a statement late on Sunday saying the deal does not adequately safeguard the security interests of Israel, while media reports said Prime Minister Benjamin Netanyahu said the sale is not currently on the government’s agenda. Israel’s Defense Ministry Director of Security Almog Cohen conducted an extensive review of the...
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