Israeli, Palestinian business leaders urge free trade agreement

Israel and a future Palestine should negotiate an economic agreement that allows for free movement of goods and is based on close cooperation, a study by Israeli and Palestinian business leaders concluded. Such a "Free Trade Agreement Plus" would benefit both economies, for a total of about $25 billion over 10 years, said one of the authors of the study, Palestinian economist Saeb Bamya. The study was conducted over six months by the Palestine International Business Forum, a group of Palestinian and Israeli business leaders. The group was to hold a conference Wednesday in Jerusalem