BREAKING NEWS

PA asks Israel to review Oslo economic pact, Paris Protocol

By JPOST.COM STAFF

SEPTEMBER 9, 2012 19:32

Palestinian Minister of Civil Affairs Hussein al Sheikh has written to Israel on Sunday on the behest of PA President Mahmoud Abbas to request a review of the economic accords between their two governments, Maan News Agency reported.

The request comes in the wake of the PA's financial situation and recent protests in the West Bank. Protesters rallying against rising prices and unemployment across the West Bank this week have called for its cancellation.

The Paris Protocol was signed in 1994 as an annex to the Oslo Accords that established the interim Palestinian government. According the report, opponents to the agreement say it has mostly benefited Israel while making the Palestinian economy dependent on Israel.

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