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Ramallah Hosts Palestinian-US Economic Dialogue

Activists wave a Palestinian flag outside the White House during a memorial for Palestinians who have died during the past year of Israeli-Palestinian violence, in Washington, US, June 5, 2021. REUTERS/Erin Scott/File Photo
Activists wave a Palestinian flag outside the White House during a memorial for Palestinians who have died during the past year of Israeli-Palestinian violence, in Washington, US, June 5, 2021. REUTERS/Erin Scott/File Photo
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Ramallah Hosts Palestinian-US Economic Dialogue

Activists wave a Palestinian flag outside the White House during a memorial for Palestinians who have died during the past year of Israeli-Palestinian violence, in Washington, US, June 5, 2021. REUTERS/Erin Scott/File Photo
Activists wave a Palestinian flag outside the White House during a memorial for Palestinians who have died during the past year of Israeli-Palestinian violence, in Washington, US, June 5, 2021. REUTERS/Erin Scott/File Photo

The Palestinian and US governments on Sunday announced the start of the US-Palestinian Economic Dialogue (USPED) to discuss current and future areas of economic cooperation.

The dialogue is scheduled to kick off on Monday. It is the fourth organized by the two sides since 2004 and the second under the current US administration.

USPED was interrupted under the Trump administration and then resumed in 2021 for the first time in five years.

A joint statement by the Palestinian and US governments said the economic dialogue is launched in light of US President Joe Biden’s commitment to achieving a two-state solution, including the existence of an independent, sovereign, and geographically connected state of Palestine, with freedom, security and prosperity for all.

USPED sessions will be chaired by Minister of National Economy Khaled al-Osaily on the Palestinian side, and Principal Deputy Assistant Secretary for the Bureau of Economic and Business Affairs at the State Department, Whitney Baird on the US side.

This senior-level dialogue will also bring together a wide range of agencies and ministries from the two governments.

Participants will discuss several crucial issues to advance the economic prosperity of the Palestinian people, increase the dynamism of the productive sectors, especially trade, industry, renewable energy, and financial issues.

They will also review the implementation of previous discussed key topics, including infrastructure development, access to US markets, US regulations, free trade, financial issues, renewable energy and environmental initiatives, connecting Palestinian and American businesses, and addressing obstacles to Palestinian economic development.

This year, the Palestinian government is going through its worst financial crisis since the establishment of the Palestinian Authority due to precipitous decline in foreign aid, Israel’s ongoing deduction of tax revenues, and the repercussions of confronting the COVID-19 pandemic.

In April 2021, Washington announced the Biden Administration's plan to resume various forms of aid to the Palestinians.

The administration provided more than $890 million in aid to the Palestinian people, including humanitarian aid and through UNRWA support.

As for the volume of trade exchange between Palestine and the US, it amounts to about $100 million.

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Lebanese Army Says It’s Moving Troops into the Country’s South as Part of Ceasefire Plan

A Lebanese army vehicle drives past destruction in Lebanon's southern village of Bint Jbeil on November 27, 2024, after a ceasefire between Israel and Hezbollah took effect. (AFP)
A Lebanese army vehicle drives past destruction in Lebanon's southern village of Bint Jbeil on November 27, 2024, after a ceasefire between Israel and Hezbollah took effect. (AFP)
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Lebanese Army Says It’s Moving Troops into the Country’s South as Part of Ceasefire Plan

A Lebanese army vehicle drives past destruction in Lebanon's southern village of Bint Jbeil on November 27, 2024, after a ceasefire between Israel and Hezbollah took effect. (AFP)
A Lebanese army vehicle drives past destruction in Lebanon's southern village of Bint Jbeil on November 27, 2024, after a ceasefire between Israel and Hezbollah took effect. (AFP)

The Lebanese army said on Wednesday it was moving additional troops into the country's south on Wednesday to extend state authority in coordination with the UN peacekeeping mission there.

“The concerned military units are moving from several areas to the South Litani Sector, where they will be stationed in the locations designated for them,” the Lebanese military said in its first statement since the Israel-Hezbollah ceasefire went into effect.

Under the ceasefire deal, Israeli troops would pull out of Lebanon and Hezbollah is required to move its forces north of the Litani River, which in some places is about 30 kilometers (20 miles) north of the border.

The ceasefire agreement gives Israel and Hezbollah fighters 60 days to withdraw from areas of southern Lebanon near the border. Thousands of Lebanese troops and UN peacekeepers will patrol the area, and an international committee will monitor compliance.

The Lebanese army has largely stood on the sidelines during the latest war between Israel and Hezbollah, although dozens of its soldiers have been killed amid the fighting.

Meanwhile, international aid groups welcomed the ceasefire and urge donors to provide funding to help rebuild parts of Lebanon and assist the displaced.

The aid groups are concerned about the aftershocks of the war on Lebanon’s already struggling economy. With more than 1.2 million people displaced, they warned that the damage would leave many struggling and without homes.

More than 100,000 homes have been either partially or fully destroyed across southern Lebanon, Bekaa and Beirut, the International Rescue Committee said.

Mercy Corps said that half of Lebanon’s population now lives below the poverty line. It called on donors to fulfill pledges to support immediate humanitarian efforts and the long-term recovery.

“There will undoubtedly be a great deal of grief and trauma. Many will have no homes to return to, no schools for their children, and livelihoods destroyed,” Norwegian Refugee Council Secretary-General Jan Egeland said.