US peace plan aims to raise $50bn | 2019-06-24 | daily-sun.com

US peace plan aims to raise $50bn

24 June, 2019 12:00 AM printer

WASHINGTON: The United States said Saturday that its Middle East peace plan to be presented next week in Bahrain aims to raise more than $50 billion for the Palestinians and create one million jobs for them within a decade.

Unveiling details for the first time of its long-awaited peace initiative, President Donald Trump’s administration said it was looking to attract unprecedented international investment to the Palestinians and to dramatically improve infrastructure, education and internal governance in the West Bank and Gaza Strip, reports AFP.

The conference Tuesday and Wednesday in Bahrain, led by Trump’s son-in-law and adviser Jared Kushner, is the opening of the US government’s delayed peace effort, which officials say will later include a political component.

But the Palestinian Authority is boycotting the so-called Peace to Prosperity workshop and a senior official swiftly rejected the plan, charging that the unabashedly pro-Israel Trump is seeking to buy off the Palestinians and deprive them of an independent state.

The White House cast the plan — to be discussed in more detail in Bahrain with finance chiefs of oil-rich Gulf Arab states — as “the most ambitious and comprehensive international effort for the Palestinian people to date.”

“For too long the Palestinian people have been trapped in inefficient frameworks of the past,” Kushner said in a statement.

“The Peace to Prosperity plan is a framework for a brighter, more prosperous future for the Palestinian people and the region and a vision of what is possible if there is peace,” he said.


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