JERUSALEM/GAZA (Reuters) – Several major projects in U.S. President Donald Trump’s $50 billion economic blueprint for Israeli-Palestinian peace mirror previous proposals stalled by conflict, analysts said on Sunday.
The plan, spearheaded by Trump’s son-in-law Jared Kushner, calls for the creation of a global investment fund to boost the Palestinian and neighboring Arab state economies with some 179 infrastructure and business projects.
Shaul - Arieli - Israeli - Peace - Negotiator
Shaul Arieli, a former Israeli peace negotiator, said many were not new.
“Most of the plans have already been presented under the Obama administration,” said Arieli, now an analyst at the Economic Cooperation Foundation think-tank that advocates for a two-state solution to the Israeli-Palestinian conflict.
Interview - Reuters - Kushner - Plan - Authors
In an interview with Reuters, Kushner said the plan’s authors had studied why previous peace efforts had failed in formulating a fresh initiative.
“We tried to take the good things they did and then come up with a new approach to try to bring this forward,” he said.
Plan - Document - Poverty - Rate - Half
The plan, presented in a slick 40-page document, aims to cut the Palestinian poverty rate in half and double the amount of drinkable water in the Palestinian territories but some of the ideas require Israeli agreement and have been knocking around for decades.
“Even by the lowest threshold of anticipation – offering innovative economic prospects – this plan fails to impress,” said Tareq Baconi, an analyst with the International Crisis Group.
Trump - Administration - Decision - Portion - Peace
The Trump administration’s decision to release the economic portion of its peace plan without any discussion of political solutions has prompted a mixture of derision and exasperation among Arab politicians and commentators.
However, Mohammad Abu Jayyab, a Palestinian economist in Gaza, said the plan might still work.
Chances - Gulf - Money - Policy - Satisfaction
“Chances of it getting implemented are there: the Gulf money and the influential American policy and the regional satisfaction to achieve common interests,” he said.
Proposed projects include:
Plan - Transportation - Corridor - Highway
Under the plan, a proposed $5 billion transportation corridor – a highway...
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