New bipartisan legislation to create $100-million-a-year fund for investment in the Palestinian Authority economy has been introduced in recent days in the United States Senate and the House of Representatives, according to walla!.
The Palestinian Partnership Fund is intended to “promote joint economic development and finance joint ventures between Palestinian entrepreneurs and companies in the United States, Israel, and countries in the Middle East,” and “to improve economic cooperation and people-to-people exchanges to further shared community building, peaceful coexistence, dialogue, and reconciliation between Israelis and Palestinians.”