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Israel and PLO agree economic framework
- Article from:
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The Independent - London
- Article date:
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April 30, 1994
- Author:
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Copyright informationCopyright 1994 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
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PARIS - Israel and the Palestine Liberation Organisation signed
a landmark agreement yesterday, laying the framework for economic
ties between Israel and the future self-governing Palestinian
areas. The Israeli Finance Minister, Avraham Shohat, and the PLO
negotiator, Abu Ala, (Ahmed Korei) signed the accord at a ceremony
presided over by the French Foreign Minister, Alain Juppe, in Paris.
The main points were:
- The two sides will have similar import policies. The nascent
Palestinian Authority will be able to import mutually agreed goods
at customs rates differing from those prevailing in Israel.
- The Palestinian Authority will establish a monetary authority
that will regulate banks in ...