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Serry: Strong Palestinian economy not enough for stability

By JPOST.COM STAFF

AUGUST 21, 2012 10:49

A strong Palestinian economy will not be enough to maintain stability in the West Bank, UN special coordinator for the Middle East Peace Process Robert Serry said Monday night.

Serry was speaking at the closing ceremony of the Israel International Model United Nations at the College of Management Academic Studies (COMAS) in Rishon Lezion. The theme of this year's program was "It's Not All About the Money."

Serry said that while the last few years had seen "considerable economic growth in the Palestinian territories, and relative stability, including unprecedented security cooperation," this was not enough to assure a sustainable future.

"This is because the Palestinian Authority is quickly, in my view, losing its legitimacy in the eye of the public, if it is not able to bring also the political goal forwards – the creation of a Palestinian state living side by side with Israel in peace and security," Serry told the crowd of Israeli and international students.

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