Qatar being Qatar with $150 million bailout to Palestinian authority
Kerry thanked Qatar's ruler and people as well as the minister for their economic support of the Palestinians and said other Arab states are expected to follow their example.
Click here to add Arab League as an alert
Disable alert for Arab League,
Click here to add Kerry as an alert
Disable alert for Kerry,
Click here to add Khalid al-Atiyah as an alert
Disable alert for Khalid al-Atiyah,
Click here to add Paris as an alert
Disable alert for Paris,
Click here to add State John Kerry as an alert
Disable alert for State John Kerry
Qatar has agreed to provide $150 million in debt relief to the Palestinian Authority, U.S. Secretary of State John Kerry announced Monday.
Kerry spoke prior to a meeting with Qatari Foreign Minister Khalid al-Atiyah in Paris, where the two men were attending a meeting of the Arab League. He thanked Qatar's ruler and people as well as the minister for their economic support of the Palestinians and said other Arab states are expected to follow their example.
I want to stress that no economic track, no economic package or financial assistance will ever be a substitute for the political track, Kerry said.
But with our partnership and with our support and our economic investment, we can all help in order to provide a difference to the lives of people living in the neighborhood.
Kerry said both Israeli and Palestinian leaders understand the stakes in the latest effort to negotiate an independent Palestinian state.
- Al Tayer bucks the US department store trend with Bloomingdale's Kuwait opening
- Gulf Islamic banks set to outperform conventional banks for second year: Moody's
- Jordan secures EU finance for socioeconomic and environmental programs
- Same-day service deliveries in GCC an untapped market: Wing CEO
- Will terror attacks damper Arabs' appetite for European holidays?