Israelis, Palestinians Meet to Discuss Economic Cooperation

The Joint Economic Committee (JEC) between Israel and the Palestinian Authority is held its first ever meeting in Ramallah on May 27, 1998. Previous venues for the meetings included Tel Aviv and Jerusalem. Discussions in the JEC will include cooperation in year 2000 tourism, trade issues between the PA and Israel, and how to counter the severe auto theft phenomenon. “ Promoting economic ties between Israel and the Palestinian Authority is in the interest of both parties,” says Finance Ministry Director General Ben-Zion Zilberfarb. “ A healthy economy, economic growth and good neighborly relations will deepen trade ties and cooperation between Israel and the Palestinian Authority.”