Israeli government and Palestinian Authority agree to strengthen economic ties

Israel agrees to open Allenby Crossing for 24 hours a day, used by some 2.3 million people per year

The Israeli Minister of Finance Moshe Kahlon and Palestinian Prime Minister Rami Hamdallah agreed on Tuesday to strengthen economic ties between Palestinians in the West Bank and Israel.

Kahlon, along with the Defense Ministry’s Coordinator of the Government’s Activities in the Territories Major General Yoav Mordechai, held a meeting with Palestinian Authority officials in Ramallah in order to lay out a plan for economic and civil partnership.

During the meeting, which was the latest of a series of meetings between the two parties, Israel agreed to allow for the opening of Allenby Crossing on the Jordan-West Bank border for 24 hours a day within the coming months and, after 2018, for the crossing to be open permanently.

The opening of Allenby Crossing, which is controlled by the Israeli Airport Authority, will impact the some 2.3 million people who use the crossing each year, mostly Palestinians. The crossing is the only exit point for Palestinians between the West Bank and Jordan and is also used for the transfer of merchandise. Allenby Crossing is currently open on weekdays from 7:30am to 1:30am and on weekends, from 7:30am to 3:00pm.

Israel also agreed to allow the establishment of an industrial zone near the Tarqumiya crossing.

Both sides agreed to strengthen economic cooperation between the Palestinian Authority and the Israeli government moving forward. The meeting was conducted with the knowledge of the Israeli Prime Minister Benjamin Netanyahu and Israeli Defense Minister Avigdor Liberman.

The article was posted on I24news

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