WASHINGTON, Oct. 27 (.) – Treasury officials from the United States, the European Union, Australia, France, Japan, the Netherlands and the United Kingdom signed a letter to Israeli Prime Minister Benjamin Nentanyahu warning: . The text of the letter, revealed this Sunday, appealed to him about the consequences of causing the West Bank’s economy to collapse if the government did not extend transfers between Israeli and Palestinian banks.
“We request that you take steps to avoid the risk of economic collapse in the West Bank and extend your correspondent banking relationship with the West Bank for at least another year,” the letter, published by American media Axios, said. has been done. By Treasury Secretary Janet Yellen.
“We are concerned that actions taken by some members of your government threaten to deny West Bank resources to the detriment of Israel’s security and threaten to destabilize the entire region at an already dangerous time. I would like to emphasize that,” the text states.
The reference was a reference to threats from Bezalel Smotrich, Israel’s Finance Minister, the most radical member of Prime Minister Netanyahu’s coalition, who announced this summer that he would not sign an extension agreement allowing Israeli banking operations by the end of the month. I made a promise. Do business with West Bank financial institutions without exposing yourself to accusations of fraudulent financing or terrorism.
Ending these transfers could destroy the fragile financial stability of the Occupied Palestinian Territories and threaten the survival of the Palestinian National Authority (PNA), which rules the West Bank.
The six countries and the European Union recognize Israel’s concerns about illegal lending in the Palestinian territories and commit to working with Prime Minister Nentanyah to reduce that risk.
The ministers said the correspondent banking relationship between Israel and the West Bank is the basis for $13.2 billion in trade, and that without it “all commercial exchange would cease, damaging the Israeli economy and reducing the West Bank’s dire situation.” It makes the situation worse.”
In his opinion, the measure destabilizes the Palestinian territories under Palestinian Authority control by “facilitating the development of informal financial channels” and putting Israeli and Palestinian lives at “greater risk.” It will turn into
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