Media Wire

EU to enhance financial support for Palestinian Authority

The European Union will increase its financial support for the Palestinian Authority with a three-year package worth around 1.6 billion euros ($1.8 billion), the European Commissioner responsible for the Middle East has stated in an interview with Reuters.

Dubravka Suica, the European Commissioner for the Mediterranean, said the financial support would go hand in hand with reforms of the Palestinian Authority, which has been accused by critics of corruption and bad governance.

“We want them to reform themselves because without reforming, they won’t be strong enough and credible in order to be an interlocutor, not for only for us, but an interlocutor also for Israel,” Suica added.

The commissioner’s remarks came ahead of a first “high-level political dialogue” between European Union foreign ministers and senior Palestinian officials including Prime Minister Mohammad Mustafa in Luxembourg on Monday.

The EU is the biggest donor to the Palestinians and EU officials hope the Palestinian Authority, which runs the West Bank, may also one day take responsibility for Gaza after the war between Israel and Hamas comes to an end.

Israeli Prime Minister Benjamin Netanyahu’s government, however, has so far rejected the idea of handing over Gaza to the PA and shunned the EU’s broader aim of a two-state solution, which would include the establishment of a Palestinian state.

Suica said 620 million euros would go to financial support and reform of the PA, 576 million euros to “resilience and recovery” of the West Bank and Gaza and 400 million euros would come in loans from the European Investment Bank, subject to the approval of its governing body.

She added average EU support for the PA had amounted to about 400 million euros over the past 12 years.

“We are investing now in a credible manner in the Palestinian Authority.”

IFP Media Wire

Reports and views published in the Media Wire section have been retrieved from other news agencies and websites, and do not necessarily reflect the opinion of the Iran Front Page (IFP) news website. The IFP may change the headlines of the reports in a bid to make them compatible with its own style of covering Iran News, and does not make any changes to the content. The source and URL of all reports and news stories are mentioned at the bottom of each article.

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