Here's an early look at Jared Kushner's Middle East peace plan
President Trump's senior adviser and son-in-law Jared Kushner is set to unveil his "peace to prosperity" plan at an international conference in Bahrain next week. But Reuters got an early look at the economic half of the Trump administration's effort to find a solution to the Israeli-Palestinian peace process. Here are the key elements of the plan which can only take place if a political solution is reached:
Economic revival — The total plan costs $50 billion with more than half going to Palestinian territories over ten years. The rest would be split between Egypt, Lebanon, and Jordan.
Tourism — Nearly a billion dollars are allocated for Palestine's tourism industry specifically. Though Reuters points out that the tenuous security situation in the West Bank might mean that part of the plan is impractical — at least, that is, until a political solution is reached.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Travel corridor — Kushner's proposed investment fund would be administered by a "multilateral development bank," which would reportedly launch a signature project to construct a travel corridor for Palestinian use that would cross Israel to link the West Bank and Gaza, including a highway and, possibly, a rail line.
Kushner is optimistic about the plan, which he says would create a million jobs in the West Bank and Gaza, but the Palestinians have criticized it, and, Reuters reports, most foreign investors will likely steer clear for now. Read more at Reuters.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
-
The Spanish cop, 20 million euros and 13 tonnes of cocaine
In the Spotlight Óscar Sánchez Gil, Chief Inspector of Spain's Economic and Tax Crimes Unit, has been arrested for drug trafficking
By The Week UK Published
-
5 hilarious cartoons about the rise and fall of Matt Gaetz
Cartoons Artists take on age brackets, backbiting, and more
By The Week US Published
-
The future of X
Talking Point Trump's ascendancy is reviving the platform's coffers, whether or not a merger is on the cards
By The Week UK Published
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
By Peter Weber Published
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
By Justin Klawans Published
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
By Peter Weber Published
-
Los Angeles city workers stage 1-day walkout over labor conditions
Speed Read
By Justin Klawans Published
-
Mega Millions jackpot climbs to an estimated $1.55 billion
Speed Read
By Catherine Garcia Published
-
Bangladesh dealing with worst dengue fever outbreak on record
Speed Read
By Catherine Garcia Published
-
Glacial outburst flooding in Juneau destroys homes
Speed Read
By Catherine Garcia Published
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creature
Speed Read
By Justin Klawans Published