Israel, PA to renew economic ties following meeting

June 16, 2013 17:38

Israel and the Palestinian Authority will renew economic cooperation between the two, Israel Radio reported on Sunday afternoon.

The decision followed Sunday's meeting between Finance Minister Yair Lapid and his PA counter part, Shukri Bishara.The report stated that the finance ministers had agreed to promote joint investments and deepen trade ties between the two entities.

Lapid said the renewed cooperation will be beneficial to both Israel and the Palestinians.

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