Last Update 19:18
Wednesday, 23 October 2019

UPDATED: US to hold economic workshop in June to encourage investment in Palestinian areas: White House

Reuters , Sunday 19 May 2019
Views: 3067
Views: 3067

The United States will hold an international economic "workshop" in Bahrain in late June to encourage investment in the Palestinian areas as the first part of President Donald Trump's coming Middle East peace plan, the White House said on Sunday.

The conference will bring together government and business leaders to help jump-start the economic portion of the broader US peace initiative, which is also expected to include proposals for resolving thorny political issues at the heart of the decades-old Israeli-Palestinian conflict.

Trump has touted the coming plan as the "deal of the century,” but Palestinian officials have rebuked the US effort, which they believe will be heavily biased in favor of Israel.

Trump's Middle East team, led by his son-in-law Jared Kushner and regional envoy Jason Greenblatt, appears intent on focusing initially on the potential economic benefits, despite deep skepticism among experts that they can succeed where decades of US-backed efforts have failed.

“This will give hopefully the people in the region the potential to see what the economic opportunities could be if we can work out political issues that have held back the region for a long, long time," a senior Trump administration official said.

The participants in the June 25-26 conference in Manama are expected to include representatives and business executives from Europe, the Middle East and Asia, the administration official said.

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

US officials had said earlier the peace plan would be rolled out after the Muslim fasting month of Ramadan, which ends in early June.

But the announcement of the investors workshop appears to set the stage for a sequenced release of the plan, starting with the economic plan in late June, and later, at some time not yet clear, the political proposals. 

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.