Thursday, 27 May 2010
ISRAEL AND THE PALESTINIAN AUTHORITY COOPERATION.
Trade and Commerce
1. Israel has taken measures to support trade and commerce, the banking system, and the existing financial market in the Gaza Strip:
· In 2009 1.1 billion NIS was transferred to the Gaza Strip for the ongoing activity of international organizations and to pay the salaries of Palestinian Authority workers.
· 40 million damaged bank notes were traded for new bills, and at the request of the Palestinian Monetary Fund, 282.5 million shekels were transferred from Gazan to Israeli Banks.
· In February 2010 an agreement was reached with the Palestinian Authority's National Insurance Department to ensure that pensions reached those formerly employed in Israel. The funds were deposited in banks in Judea and Samaria, while the Palestinian Authority was given the responsibility of distributing the funds to the pensioners in Gaza.
1. The State of Israel seeks regional stability and to protect her citizens. It is not in the interest of Israel to harm the people of Gaza and the state does its utmost to assist aid efforts, so as not to harm the quality of life for the residents of Gaza.
2. Hamas, in its continued efforts to smuggle weapons into the Gaza Strip, harms the people of Gaza and prevents them from further development.
3. Despite these security threats, the IDF continues to allow the transfer of commercial goods, building materials, and medical equipment into Gaza.