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Home / World / US Unveil Economic Part of Middle East Peace Plan | Israel News

US Unveil Economic Part of Middle East Peace Plan | Israel News



US Middle East peace process

  • A $ 50 billion global investment fund covering 179 infrastructure and business projects.
  • The US hopes that the rich Arab Gulf states will finance the bulk of the $ 50 billion. [19659003] Of which $ 28 billion flow into the Occupied Palestinian Territories in the West Bank and Gaza Strip.
  • Jordan's economy receives $ 7.5 billion, Egypt $ 9 billion and Lebanon $ 6 billion grants, $ 25 billion subsidized loans and $ 11 billion from private capital
  • $ 5 billion USD Transportation Corridor Connecting the Occupied West Bank and the Gaza Strip

The United States has made a proposal to create a $ 50 billion global investment fund for the Gaza Strip. Palestinians and neighboring Arab states should be the economic engine of the long-awaited peace plan for be the Middle East of the USA.

The plan was released on Saturday, two days before a US-led workshop in Bahrain, on the website of the White House economic part of the s The so-called "Deal of the Century" is to be discussed.

The Manama Conference takes place despite the opposition of the Palestinians, who will not be present.

Mahmoud Abbas, president of the Palestinian Authority, rejected the economic plan on Saturday and the US peace efforts led by US President Donald Trump's chief advisor Jared Kushner.

"The economic situation should not be discussed before the political one," said Abbas on Saturday. "As long as there is no political solution, we are not dealing with an economic solution."

"Less controversial"

Kushner, who is also Trump's son-in-law, spoke to Reuters news agency The first economic policy approach was "necessary" to get rid of the political side because it was "less controversial".

"Let people let him study, give feedback," he said. "Let's conclude if we can all agree on what that might look like in the case of a peace agreement."

Fundamental political issues such as the occupation of Palestinian territories, the right of refugees to return and their descendants (not included in the plan were the border sovereignty and economic model in which around five million people live in refugee camps in neighboring Arab countries.)

the economic model 1

79 infrastructure and business projects, a billion dollar investment to build Palestinian tourism, and a $ 5 billion transport corridor linking the West Bank and Gaza Strip.

More than half of the $ 50 billion would be spent over ten years in the economically difficult Palestinian territories, while the rest was shared between Egypt, Lebanon and Jordan, according to plan.

Some of the projects would take place on the Egyptian Sinai Peninsula, where investments benefit Palestinians Those living in the adjacent Gaza Strip could live in a crowded and impoverished coastal enclave that was blocked by Israel and Egypt for 12 years.

According to Kushner, the 10-year plan would create "one million jobs in the West Bank and Gaza Strip."

"Your unemployment rate would rise." He said, "It would cut its poverty rate by half if properly implemented."

His comments caught the wrath of Hanan Ashrawi, a member of the Palestine Executive Committee Liberation Organization (PLO).

"First, lift the siege of Gaza, stop the Israeli theft of our land, our resources and funds, give us our freedom of movement and control over our borders, our airspace, our territorial waters, etc. "she said in a post on Twitter."

"Then watch us build a vibrant prosperous economy as a free and sovereign people. "

Ali Abunimah, co-founder of the electronic intifada, told Al Jazeera Kushner's plan to" buy Palestine for peanuts and give nothing to Palestinians. "[19659011]" The basic problem of Israeli occupation, colonization, and apartheid is really the elephant in space, "Abunimah said.

" The Trump administration and other US officials responsible for this so-called peace process are actively supporting all things that are destroying the Palestinian economy, plunging millions of Palestinians into poverty, and thriving Palestinians "According to the World Bank, Israeli military restrictions on Palestinian businesses and agriculture are reducing the Palestinian economy by 35 percent," Abunimah continued. "Palestinians do not need Jared Kushner's charity, what they need is liberation."

In Gaza, Hamas official Ismail Rudwan also rejected Kushner's proposals.

"We reject the business of the century" And all its dimensions, the economic, the political and the security dimensions, "Rudwan told Reuters.

" The problem of our Palestinian people is a nationalist problem, it is the problem of a people Palestine is not for sale, and it is not a matter of negotiation: Palestine is a holy land, and there is no other option for the occupation than to leave, "he said.

Regional tensions

Several Gulf States Arab states, including Saudi Arabia, will also participate in the Bahrain workshop. Their presence, some US officials say privately, seems in part to be thought to have favor with Trump as he takes a hard line against Iran, their regional rival.

The Trump administration also hopes that the rich Gulf states and private investors The White House said it had decided not to invite the Israeli government because the Palestinian Authority would not be present and instead would be able to get along with a small Israeli business delegation. The United States and Iran have skyrocketed after Iranian troops shot down an unmanned US drone last Thursday.

According to President Trump, he had canceled at the last minute a military response to three Iranian targets.

Countries Around the World The world appealed for de-escalation, and Russia accused the US of intentionally fueling tensions with Iran and "pushing the situation to the brink of war."


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