The Israel and Palestinian finance ministries reaffirmed their
professional-level cooperation on Tuesday, in accordance with an agreement
struck between Finance Minister Yair Lapid and his Palestinian counterpart
Shukri Bishara in June.
In the meetings, senior staff decided to
establish joint working teams that will meet every two weeks on issues requiring
joint cooperation and confidence-building measures.The high-level staff
will reconvene in a month to check progress and resolve any disputes.
such dispute may have already reared its head: the Israel Electric Company said
Tuesday that the Palestinian Authority and the East Jerusalem Electricity
Company owe it a combined NIS 900 million (about NIS 600m. from the company, NIS
300m. from the PA). The Knesset Economic Affairs Committee approved a measure
allowing the IEC to extend the expired licenses to the east Jerusalem company,
which also supplies parts of the PA, until 2014.
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