Post a Comment Print Share on Facebook
Featured İSYAN MANİFESTOSU Hands. Face. Space coronavirus social distancing Altin Gün
banner9

reads.

Palestine to make bid for WTO membership

The Palestinian Authority plans to present its credentials in hopes of obtaining World Trade Organization (WTO) membership, Palestinian Economy Minister Jawad al-Naji told Anadolu Agency on Monday. "We hope that Palestine's bid to join the WTO will not be subject to pressure from countries that support Israel," al-Naji said via phone from the Indonesian city of Bali, where he is currently attending a WTO meeting. Al-Naji voiced hope that the WTO would accept Palestinian membership, especially after Palestine managed to obtain observer status at the United Nations. The minister said he would brief meeting participants about a recent World Bank report that put total Palestinian economic losses as a result of Israeli restrictions on the West Bank at more than $3 billion. The Palestinians lose as much as $3.4 billion every year due to Israel's ongoing control of the West Bank's "Area C," according to the October report. Assuming control of this area would raise Palestinian GDP by 35 percent and help offset an annual budget deficit of some $1.5 billion, the World Bank said.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.