The U.S. on Monday imposed sanctions on organizations and firms involved in illegal settlement development in the occupied West Bank, including a well-established decades-old group that has close ties with Israeli leadership.
Treasury sanctioned Amana, the largest organization involved in illegal settlement development in the West Bank, and its subsidiary Binyanei Bar Amana Ltd. Already sanctioned by Britain and Canada, Amana is one of the major funders and supporters of unauthorized settlements in the Israeli-occupied West Bank. Peace Now, a settlement tracking group, says its assets are valued at around 600 million Israeli shekels, or about $160 million, and that it has a yearly budget stretching into tens of millions of shekels.
