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Palestinians ask Israel to amend economic agreement
Sunday September 09, 2012 07:40:54 PM,
IANS
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Ramallah: The
Palestinian National Authority (PNA) has officially asked Israel
Sunday to amend a 1994 agreement regulating economic relations
between the two sides.
The request to review the Paris Protocol came after Palestinians
took to the streets in protest against the rising cost of living
in the West Bank, reported Xinhua.
"The agreement has a 5-year validity period, but Israel keeps
applying its articles and this is a prejudice against the
Palestinian economy," said Marouf Zahran, deputy minister of civil
affairs, whose ministry submitted the request.
Zahran added that the PNA wants to modify some articles related to
the commercial exchanges taking place through Israel, noting that
the needed changes are prompted by the acute financial crisis the
PNA is facing and a wave of demonstrations.
The agreement has some articles adverse to the growth of the
Palestinian economy. Most notably, under the agreement, any big
project in the West Bank is subject to Israel's approval.
Also, Israel, according to the protocol, levies tax revenues on
Palestinian imports and send the money to the PNA. But in recent
years, Israel withheld the money several times as a means of
pressuring the PNA to give up its political position.
Peace talks between Israel and the PNA stopped in 2010 over a
dispute on Jewish settlement activities. But Zahran said that the
Palestinian side is ready to send a high-ranking delegation to
Israel to discuss the Paris agreement if Israel is ready accept
them.
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