The Jerusalem Post reports: WASHINGTON – The Trump administration is “reviewing legislation” that would create an investment fund for the Palestinian economy, a White House official told The Jerusalem Post on Monday.
The bill, introduced by Republicans and Democrats in both houses of Congress last week, proposes the establishment of a Palestinian Partnership Fund that would “promote joint economic development and finance joint ventures between Palestinian entrepreneurs and companies in the United States, Israel and countries in the Middle East.”
A senior group of senators on the Foreign Relations Committee introduced the legislation just two days after meeting with members of US President Donald Trump’s peace team on Capitol Hill. But sources say the bill, which would encourage “people-to-people” exchanges and community building across dividing lines of the conflict, was not drafted in conjunction with the White House on its peace effort.
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