Sign in

US to co-host economic workshop in new West Asia peace push

Called the “Peace to Prosperity” workshop, it is expected to “will facilitate discussions on an ambitious, achievable vision and framework for a prosperous future for the Palestinian people and the region”.

Updated on: May 21, 2019, 09:04:05 IST
Hindustan Times, Washington | By
Share
Share via
  • facebook
  • twitter
  • linkedin
Copy link
  • copy link

The Trump administration on Sunday began rolling out its long-awaited West Asia peace plan with an announcement of an “economic workshop” the US will host with Bahrain in June to seek investments for Palestine and other countries in the region impacted by the decades-old conflict.

The plan, it appears to be, is to approach the vexatious issue that has defied resolution for decades from the economic angle in a bid to prevent its outright rejection. (HT Photo)
The plan, it appears to be, is to approach the vexatious issue that has defied resolution for decades from the economic angle in a bid to prevent its outright rejection. (HT Photo)

“This workshop is a pivotal opportunity to convene government, civil society, and business leaders to share ideas, discuss strategies, and galvanize support for potential economic investments and initiatives that could be made possible by a peace agreement,” the White House said in a statement.

Called the “Peace to Prosperity” workshop, it is expected to “will facilitate discussions on an ambitious, achievable vision and framework for a prosperous future for the Palestinian people and the region”.

The plan, it appears to be, is to approach the vexatious issue that has defied resolution for decades from the economic angle in a bid to prevent its outright rejection. The political aspects, regarding the creation of a Palestinian state, territorial claims and the status of Jerusalem, will follow as the next stage.

Palestinians have refused contacts with the Trump administration since 2017 when the president recognised Jerusalem as the capital of Israel and have pushed back against the new plan.

“We were not consulted by any party on the announced meeting to take place in Manama, Bahrain. We have not mandated any party to negotiate on our behalf,” Saeb Erekat, secretary general of the Palestine Liberation Organization, said in a statement.

The workshop, which is part of larger West Asia peace plan being put together by President Tump’s son-in-law and senior advisor Jared Kushner, is to raise an estimated $68 billion for Palestine, Egypt and Jordan, according to The New York Times.

Trump is not likely to attend the conference as he will be headed for G-20 meetings in Japan around then. Treasury secretary Steven Mnuchin will be going instead.

  • HT News Desk
    ABOUT THE AUTHOR
    HT News Desk

    Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More