BREAKING NEWS

PM: Israel considering releasing Palestinian tax funds

By JPOST.COM STAFF

NOVEMBER 28, 2011 11:58

Prime Minister Binyamin Netanyahu said that Israel is considering releasing to the Palestinian Authority tax funds it has been holding since the PA was accepted as a member of the United Nations cultural agency last month, speaking to the Knesset Foreign Affairs and Defense Committee Monday.

The decision to do so, he explained will be taken by the government. "Israel will explore the process and will take action in light of the quiet."

"We have identified quiet on the Palestinian side," Netanyahu explained, saying that the PA has stopped their unilateral diplomatic steps.

"In the Security Council we didn't even need the [United States'] veto" to prevent the Palestinian bid for full UN membership, he added, saying that the quiet was in the Palestinians' interest.

The prime minister also played down Palestinian talks aimed at reconciliation between rival parties Hamas and Fatah. "The talks are much more of a tactical and ceremonial process and there has been no concrete result [of the talks]."

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