Saturday, June 5, 2010

Investment can liberate nation

Bethlehem - Ma'an - Arab and Palestinian businessmen and women gathered in Bethlehem Tuesday, to open the Second Palestinian Investment Conference (PIC), with President Mahmoud Abbas dedicated to the lives of some 10 activists killed delivering aid to Gaza.

In his opening speech, Abbas formally named the PIC the "Freedom Conference," in commemoration of the loss of life and upheaval swelling from Israel's decision to attack the Freedom Flotilla of six ships en route to Gaza with 10,000 tons of aid for the besieged Gaza Strip.

The name, Abbas suggested, was apt, because it also signaled the purpose of the conference; to enlist the support of the world in freeing Palestine from Israeli occupation. In the case of the PIC, he said, it would be through economic investment and support that would make Palestine a stronger and more viable state that was not reliant on Israel or its settlement economies.

Speaking about the investment conference, Abbas said it would provide "numerous investment opportunities in the Palestinian market," which he called hitherto unplumbed. He encouraged participants, including some 800 granted permits by Israel for travel from across the Middle East, to "be part of the steadfastness of Palestine, play a role in the liberation of a nation from occupation, and be a major player in the development of the Palestinian economy."

US delegation commends investment initiative

Addressing the Freedom Conference, US Deputy Secretary of the Treasury Neal Wolin called the event "both an invitation and a declaration," saying the "Palestinian economy is open for business, that the Palestinian people and their government are committed to laying the foundation for an economically viable state, where private enterprise can thrive."

Wolin commended Fayyad's plan to develop state institutions, calling his legislative agenda "an important step forward," that was filled with "sound policies."

The official also noted "Israel's cooperation will be important," particularly in the form of "issues related to movement and access of both people and goods.

He lauded the Palestinian Authority for taking the lead in development, calling its success in the IT industry a "powerful story," and citing the record growth of the tourism industry. "The opportunities are tremendous," he said, but added that "the stakes are high."

Wolin said the Monday attack on the Gaza aid flotilla "underscores the need to move forward with negotiations to resolve the conflict and establish a comprehensive peace as soon as possible."

A moment of silence

Several changes were made at the last minute to the program of the investment conference, including the cancellation of many of the morning's opening ceremonies, which were cut back to a small handfull of speeches and a minute of silence to commemorate the death of at least ten activists on board the Freedom Flotilla.

During his speech, Abbas mentioned his upcoming trip to Washington, where he said he would ask US President Barack Obama to make "courageous decisions" around the situation in the region.

He also thanked Egypt for the rapid opening of the Rafah crossing, calling the decision "appropriate" in light of the circumstances, and also thanked Turkey for its ongoing support of Palestine.

Also present at the conference was Quartet envoy Tony Blair, and a delegation of US officials including special envoy for the peace process George Mitchell.

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The Palestinian State and Institution Building Program
Documents detailing the state and institution building program of the 13th Palestinian Government, including the overall plan and priority interventions for 2010.

The U.S. Commercial Service in Jerusalem strongly encourages American exporters wishing to market their goods in the West Bank to use local Palestinian agents and distributors. Using Israeli agents for Palestinian markets does not utilize local, Palestinian market expertise...read more
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