US to roll out economic part of Mideast peace plan
The administration has been working on a peace plan for two years. Not much is public yet, and now we know economic incentives will be part of the plan.
The Trump administration will unveil the first phase of its long-awaited blueprint for Mideast peace next month at a conference in the region designed to highlight economic benefits that could be reaped if the Israeli-Palestinian conflict is resolved, the White House said Sunday.
The plan, which has been two years in the making, envisions large-scale investment and infrastructure work in the Palestinian territories. But the central political elements remain mostly unknown. And the economic workshop, June 25-26 in Bahrain, will not address the most contentious parts of the conflict: borders, the status of Jerusalem, Palestinian refugees and Israel’s security.
In a joint statement with Bahrain, the White House said the workshop will give government, civil and business leaders a chance to gather support for economic initiatives that could be possible with a peace agreement.
The U.S. wants to ensure security for Israel and economic opportunity to improve the lives of Palestinians. The administration hopes that Arab countries will help bankroll economic incentives, such as infrastructure and industrial projects, to get Palestinians to buy into the plan. But with details of the political aspects of the plan still under wraps, any commitments for economic development won’t be easily attained.
“The Palestinian people, along with all people in the Middle East, deserve a future with dignity and the opportunity to better their lives,” President Donald Trump’s senior adviser and son-in-law, Jared Kushner, said in a statement Sunday. “Economic progress can only be achieved with a solid economic vision and if the core political issues are resolved.”