Wednesday, July 17, 2013

ZF WELCOMES NEWS THAT TfL ISRAELI EXLUSION CONDITION REMOVED

“I am pleased to report that following swift public outcry and a ZF chairman’s statement, the Israeli exclusion condition agreed between Emirates Airlines, the UAE official airline, and TfL has since been removed.

As part of the agreement, the Docklands cable car scheme would not be able to receive funding from Israeli owned finance houses, nor could it sell a majority stake to Israeli owned companies.

Thankfully, this oversight has not had any lasting effect on the important trading relationship between the UK and Israel. I firmly support a strong and mutually profitable trading relationship between the two democracies.

I would personally like to thank Sir Peter Hendy from TfL for urgently resolving this matter with Emirates Airlines.

We must remain vigilant against any back-door attempts to boycott Israel in the UK”.


Paul Charney- ZF CHAIRMAN