USA to roll out economic part of Mideast peace plan

However, a second senior U.S. official declined to say whether Israeli and Palestinian officials would take part.

Shtayyeh reiterated Palestinians' core demands for a two-state peace deal with Israel, which include gaining full control of the occupied West Bank and Hamas-governed Gaza, as well as East Jerusalem.

"Any economic plan without political horizons will lead nowhere", Nabil Abu Rudeineh, a Palestinian spokesman, told CNN. They also seek the right of refugees to return to the lands and the recognition of east Jerusalem as the capital of an independent Palestine. This workshop is a pivotal opportunity to convene government, civil society, and business leaders to share ideas, discuss strategies, and galvanize support for potential economic investments and initiatives that could be made possible by a peace agreement.

U.S. President Donald Trump boards Air Force One for travel back to Washington, DC at John F. Kennedy International Airport in New York, New York, U.S., May 17, 2019. Palestinian Authority officials, who have complained that White House favors Israel, severed ties with the Trump administration following several actions targeting them.

Shtayyeh did not immediately confirm whether a Palestinian delegation would attend the June 25-26 event in Manama - which USA officials have predicted will include representatives and business executives from Europe, the Middle East and Asia, as well as some finance ministers.

"All efforts to make the oppressor and the oppressed coexist are doomed to fail", Saeb Erekat, a senior Palestinian diplomat and negotiator, said.

Bashar Masri, a major Palestinian industrialist with vast business holdings throughout the West Bank, said he had turned down an invitation to the conference. Kushner and Jason Greenblatt, envoy of global negotiations, have been leading efforts to write the plan, but so far, there's been no participation from the Palestinians. Since being shunned by the Palestinians, it has cut back on USA aid for them, contributing to economic hardship in the West Bank and Gaza.

"Any solution to the conflict in Palestine must be political ... and based on ending the occupation", PA Prime Minister Mohammad Shtayyeh said Monday at a Palestinian cabinet meeting. USA officials see this as key to getting both the Palestinians and Israelis to the negotiating table to they can hash out specific details of future statehood.

If implemented, the White House said, the peace plan has the potential to "radically transform" lives in the region through the development of human capital, rapid private-sector growth, and enhancements to economic governance.

"We're looking not to make this about no discussion of the political" aspect of the plan at this time, the senior administration official said. Kushner is said to have modeled details of the economic proposal on what has worked in Poland, Japan, Singapore, and South Korea. The plan is likely to call for billions of dollars in financial backing for Palestinians, mostly from oil-rich Gulf states, according to people informed about the discussions.


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