July 7, 2011 (In These Times) -- In May, in a closed meeting of many of Israel's business leaders, Idan Ofer, a holding-company magnate, warned, "We are quickly turning into South Africa. The economic blow of sanctions will be felt by every family in Israel."
The business leaders' particular concern was the U.N. General Assembly session this September, where the Palestinian Authority is planning to call for recognition of a Palestinian state.
Dan Gillerman, Israel's former ambassador to the United Nations, warned participants that "the morning after the anticipated announcement of recognition of a Palestinian state, a painful and dramatic process of Southafricanization will begin" -- meaning that Israel would become a pariah state, subject to international sanctions.
In this and subsequent meetings, the oligarchs urged the government to initiate efforts modeled on the Saudi (Arab League) proposals and the unofficial Geneva Accord of 2003, in which high-level Palestinian and Israeli negotiators detailed a two-state settlement that was welcomed by most of the world, dismissed by Israel and ignored by Washington.
