Arab League chief urges end to Israeli measures against Palestinian economy
Nabil Fahmy calls on the international community to pressure Israel to halt actions targeting the Palestinian economy during talks with the Palestinian Monetary Authority head.
Arab League Chief Nabil Fahmy urged the international community to intervene and stop Israel's actions that are harming the Palestinian economy, according to a report from Cairo. Fahmy met with Palestinian Monetary Authority Governor Yahya Shunnar to discuss the urgent situation facing the Palestinian banking sector. Shunnar informed Fahmy about the adverse effects of Israel's policies, which contravene the 1994 Paris Protocol.
These actions aim to cripple the Palestinian economy and isolate it globally. The consequences include restricted foreign transactions, limited access to essential goods, and disruptions in essential services like electricity and water supply. Additionally, Israel has seized over $6 billion in Palestinian clearance revenues. Fahmy reiterated his full backing for Palestine amidst what he called an Israeli scheme to undermine the Palestinian Authority and tighten restrictions on its citizens.
He emphasized the responsibility of the international community to address these policies and support the two-state solution.
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