Reports from the US government or financial institutions involved

US and Seven Allies Warn Israel Against Economic Isolation of West Bank Amid Knesset Bill on UNRWA's Role

Oct 28, 2024, 03:30 PM

The United States, alongside seven allied nations, has issued a warning to Israeli Prime Minister Benjamin Netanyahu against actions that could undermine the Palestinian economy in the West Bank. This comes amid concerns over a proposed bill in the Knesset aimed at severing ties with the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). Israeli officials have indicated that this legislation could jeopardize Israel's standing with the UN, with potential repercussions for the country's international relations. The US is also leading efforts to maintain financial support for West Bank lenders, emphasizing the need to keep the region connected to the global financial system. European officials have echoed these sentiments, urging Israel to reconsider any measures that would isolate the West Bank economically. UNRWA has played a crucial role in supporting Palestinian refugees for over 70 years, and its dismantlement is viewed by many as an attempt to resolve the Palestinian refugee issue permanently.