US Secretary of State Madeleine Albright on Wednesday announced the establishment of a 35-million-dollar scholarship program for Palestinian students to study for advanced degrees at American universities.
"This program is another step in developing bilateral relations between us and we hope that this program will demonstrate the benefits of US-Palestinian cooperation and help the Palestinian build for their future," Albright said in Ramallah.
"Our objective is to create a cadre of highly trained experts who will devote their talents to building a strong foundation for the public and private sectors in the West Bank and Gaza," she told a joint news conference with Palestinian president Yasser Arafat.
The money, to be drawn from US funds allocated for implementation of the Wye River interim peace accord, will focus on sending qualified Palestinian students to the United States to pursue graduate business and public administration degrees as well as in the health and technology sectors.
The 35 million will be divided into a 10-million dollar grant to be spent over the next three years and a 25-million-dollar endowment for a permanent scholarship program, the State Department said.
Approximately 120 students will be chosen in the first three years, they said - RAMALLAH (AFP)
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