flacaltenn
Diamond Member
Here is another question, who do they export to and import from?RE: Reshaping US aid to the Palestinians
※→ Coyote, et al,
While neither the West Bank or the Gaza Strip have specific trade agreements; it does not mean there is no trade:
West Bank + Gaza Strip* Exports:
$1.955 billion (2017 est.) $1.827 billion (2016 est.)
West Bank + Gaza Strip* Imports:While no one claims that the economy of the Territories is flourishing (Ranked 142)(whereas Israel Ranked ≈ 45 @ Imports: $60B). But as we discussed before, neither the Ramallah Government nor the Gaza Government is reinvesting revenue back into the infrastructure and the economy. They don't even have a plan (or for that matter a Prospectus) for the development of Areas "A" or "B."
$6.476 billion (2017 est.) $6.11 billion (2016 est.)
* NOTE: The Jerusalem Economy and the does not include the
...............Sharia-compliant Finance and, of course, effects of the Wadiah.
(COMMENT)Can you answer the question? If we are removing aid what trade options exist?
There is no real (unclassified) textbook on the subject of the financial interests of either government (Gaza of Ramallah). Not only is there a matter of Donor Contributions, but there are also undisclosed external covert sources and the contemporary Islamic movements.
On an open market scale, the economies of the West Bank and Gaza Strip is parasitic. Essentially, the Central Bank for the both is the Palestinian Monetary Authority (PMA). It was an outcome of the Oslo I Accords (1994). For all practical purposes, US Aid has little effect on the operation of the PMA in matters of financial stability and sustainable economic growth.
Most Respectfully,
R
Well I know from the article I'm submitting that 80% of all West Bank exports go to Israel. And about 25% of materials is imported from Israel. It's like Israels own "captive" trading partner. That NEEDS to change. But like everything in a peace proposal -- it's NOT ENTIRELY FIXED BY ISRAEL. There are issues with West Bank trade with Egypt and Jordan as well.
In the case of Jordan, it's a lot of "protectionism" and only a bit of bad feelings. But Egypt isn't really doing much to encourage trade with the West Bank Palis either.
They NEED a Mediterranean seaport and their own Customs and airport. That's only gonna come from a peace proposal that sets a vision for the WHOLE neighborhood.