Israeli Economy Minister Naftali Bennett related to the sale of the Israeli start-up Viber and attacked those that warned of boycotts from the European Union and others. “Instead of talking about boycotts, it is possible to deal with innovation. The choice is ours,” he stated.








Minister Bennett

Minister Bennett Photo Credit: Flash 90

In the background of growing threats of boycotts by the European Union following a slowdown in the peace negotiations with the Palestinians, Israeli Economy Minister Naftali Bennett stated that achievements like that of the Viber application that was sold to a giant company from Japan is the answer to critics of Israeli policy.

“Viber is the answer to those that tremble from boycotts,” Bennett wrote on his facebook page. “The Japanese Rakuten company bought the Israeli Viber company for over 3 billion NIS. Israel, the nation of innovation, continues to race ahead. Instead of talking about boycotts, it is possible to deal with innovation. The choice is ours.”

Bennett, who in the past led an Israeli start-up that earned him tens of millions of dollars, also referred to the claim that the economy won’t profit from the sale because the offices are located abroad: “Although the company is legally registered in Cyprus, Israel still generates revenue because Israeli entrepreneurs earned assets from the sale and they will pay a capital gains tax in Israel.”

To learn more about the Viber sale—click here!