| inbluevt | Date: Wednesday, 2013/10/09, 5:49 PM | Message # 1 | DMCA |
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RAMALLAH, West Bank, Oct. 8 (UPI) -- Israel's policies in West Bank areas under its control prevent the Palestinian economy from flourishing, a World Bank report says.
The report published Tuesday examines the economic benefits of lifting Israeli imposed restrictions on access and movement in Area C, defined by the Oslo Accords as an area under full Israeli control, constituting 61 percent of West Bank territory.
The report, called "Area C and the Future of the Palestinian Economy," says the key to Palestinian prosperity lies in the removal of these restrictions with due regard to Israel's security needs.
The report alleges the Palestinian gross domestic product in the West Bank could increase by about 35 percent, or $3.4 billion annually, if the restrictions were removed.
The World Bank report focuses on agriculture, Dead Sea mineral exploitation, stone mining and quarrying, construction, water and irrigation, telecommunications, cosmetics and tourism. It also examined the legal, regulatory and bureaucratic constraints it said currently prevent investors from obtaining permits and accessing land.
More than half the land in the West Bank, much of it rich in resources and agriculture, is inaccessible to the Palestinians, the report said
Read more: http://www.upi.com/Busines....GfRcudS
Message edited by inbluevt - Wednesday, 2013/10/09, 5:52 PM |
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