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Norway's largest labor union urged the Scandinavian country on Saturday to lead an international boycott of Israel if it did not reach a peace agreement with the Palestinians.

The Norwegian Confederation of Trade Unions, whose members constitute more than a third of the country's employees, said in a statement that both Israel and the Palestinians deserve to live in peace and security, and as long as this was not achieved, the Israeli government was to be held accountable.

The organization urged Israel to put an end to the "illegal occupation," respect the 1967 borders, halt the expansion of the settlements and remove the security barrier.

The UN should play a proactive role to this end, and if these efforts fail, the Norwegian government should lead an international campaign against the occupation of the Palestinian territories, the statement further said.