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Israel, Palestinian Authority to form joint committee for economic ventures


Freige will head the Israeli contingent on the committee, but it isn’t yet known who the Palestinians on the committee will be.
This committee, known as the Joint Economic Committee, is not a new concept; it was agreed to by Israel and the PA in 1994, as part of the Paris Protocol, the economic annex to the Oslo Accords. Back then it was decided that the committee would comprise an equal number of Israelis and Palestinians and each side would have the right to convene the panel to oversee or discuss difficulties arising in the economic areas specified in the protocol, including the status of Palestinian workers in Israel, the issuance of work permits, and advancing issues connected to tourism, agricultural development, veterinary oversight and industry. The original agreement gave this committee substantial authority, including the right to examine issuance of a Palestinian currency. ....

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