Iran Press/ America: The White House on Saturday outlined a $50 billion Middle East economic plan which funds a $5 billion transportation corridor to connect the West Bank and Gaza.
The 'peace to prosperity' plan, set to be presented by White House senior adviser Jared Kushner at an international conference in Bahrain next week, includes 179 infrastructure and business projects, according to details of the plan and interviews with US officials, Reuters reported.
More than half of the $50b. would reportedly be spent in the Palestinian territories over 10 years.
Trump's son-in-law and white house advisor, Jared Kushner said in an interview with Reuters that the Trump administration hopes that wealthy Gulf states and nations in Europe and Asia, along with private investors, would foot much of the bill.
Meanwhile, Palestinian officials on Saturday dismissed the so-called US plan nicknamed 'Deal of the Century' and said they remain opposed to the 'Peace to Prosperity' conference scheduled to take place this week in Manama, Bahrain.
Related news:
Beirut hosts anti Deal of the Century meeting
"The whole notion here is that we want people to agree on the plan and then we’ll have a discussion with people to see who is interested in potentially doing what," Kushner told Reuters Television.
Several Gulf Arab states, including Saudi Arabia, will also participate in the June 25-26 US-led gathering in Bahrain’s capital, Manama, for Kushner’s rollout of the first phase of the Trump peace plan. The White House said it decided against inviting the Israeli government because the Palestinian Authority would not be there, making do instead with a small Israeli business delegation.
A PLO official said that the PLO leaders will discuss ways of foiling Trump’s unseen plan and the Palestinian response to Israeli and US policies towards the Palestinians.
104/207
Read more:
PA rejects ‘humiliating blackmail’ to kill Palestine cause
