EU promises 'unprecedented' aid for Mideast peace

Image
AP Brussels
Last Updated : Dec 16 2013 | 10:28 PM IST
European Union foreign ministers today pledged "unprecedented" amounts of political, financial and security support for Israel and the Palestinians if they come to a peace agreement.
In the event of a final peace deal, EU ministers said, the 28-member trade bloc will offer Israel and the future state of Palestine a "special privileged partnership."
That will mean increased access to European markets, facilitation of trade and investment, closer cultural and scientific ties and promotion of business-to-business relations. Greater political dialogue and cooperation in the security realm are also foreseen, the ministers said.
At their meeting in Brussels, the ministers proclaimed the EU's readiness to "contribute substantially" to bring about a just and lasting settlement to the Israeli-Palestinian conflict. The ministers didn't cite a figure and people who attended the meeting said numbers weren't even discussed.
US Secretary of State John Kerry has been trying to broker a Mideast peace deal, and last week presented a new American security plan to Israeli and Palestinian leaders.
In their written statement, the EU ministers commended Kerry's "tireless engagement," and reiterated their support for a two-state solution "resulting in an agreement on all final status issues, ending all claims and fulfilling the legitimate aspirations of both parties."
The EU ministers said they will work on concrete proposals to help contribute to the sustainability of a peace agreement, including in the areas of Palestinian state-building, regional issues, refugees, security and Jerusalem.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 16 2013 | 10:27 PM IST

Next Story