Developing Innovative Economic Tools

Achieving a lasting Israeli-Palestinian peace requires simultaneous work along multiple tracks. High-level negotiations; implementation and monitoring of Road Map obligations, including freezing settlement construction in the West Bank and dismantling terrorist networks and building Palestinian Authority security forces; and supporting efforts to strengthen Palestinian institutions and the economy must occur side by side. Without the political horizon of a two-state solution, day-to-day improvements are not sustainable and without tangible signs of improvement in people’s lives, closed-door negotiations will not have the time needed to make progress.

Several economic projects—a loan guarantee facility, political risk insurance and supply chain management efforts aimed at creating tangible economic growth in the West Bank and Gaza—help provide important economic steps that link up with the other tracks to move the peace process forward.

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This article was originally published in Middle East Progress.