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Itochu Corp. suspends MoU with Israeli military technology company

by Editor
Itochu Corp. suspends MoU with Israeli military technology company

Itochu Corp.’s Chief Financial Officer Tsuyoshi Hachimura announced that the company will end their signed agreement with Israeli military technology company Elbit Systems by the end of February.

Media reports stated that the Japanese company’s decision to end the collaboration was made in response to the possibility of international criticism, as well as the boycotts taking place around the world as Israel continues its bombardment of Gaza.

In December, several groups demonstrated in front of the headquarters of Itochu in Tokyo to protest the company’s dealings with Israel. They also called for a boycott of Israel in a campaign initiated by pacifists and anti-gun collectives.

Citing Japan’s “peace constitution,” they denounced the agreement between Itochu Aviation, the Israeli company Elbit that specializes in the production of components for the defence industry, and Nippon Aircraft.

Hachimura said Itochu signed an MoU with Elbit Systems based on “a request from the Ministry of Defense” with the aim of “importing defence equipment that is necessary for Japan’s security.”

He added that he was not “involved in the Israeli-Palestinian conflict.”

On Jan. 26, the International Court of Justice issued a ruling ordering Israel to take all measures to prevent genocide in Gaza.

Hachimura said: “Taking into consideration the Japanese government’s support for the role of the International Court of Justice, new activities related to the MoU have already been suspended.”

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