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Last edited by Kharbaan Ghaltaan (talk | contribs) 29 days ago. (Update) |
Investments and projects in Palestine refer to all the efforts by the government of Palestine and the international community to improve the economic conditions of the Palestinians, who have been in conflict since 1948. During the 1947–1949 civil war, most of the businesses and properties were lost.
Since the 1993–1995 Oslo Accords, numerous countries have strengthened their investments in the country. Saudi Arabia, Qatar, Kuwait, the United Arab Emirates, India, Turkey and Iran have been some of the notable investors in the country.
Oslo Years (1993–2000)
editFollowing establishment the Palestinian Authority in 1994, the new Palestinian government began rebuilding the infrastructure in Palestinian urban and rural areas. The United States provided $2.5 billion of foreign aid to fund reconstruction. Yasser Arafat also made a foreign visit to India in 1997, where India also invested in reconstruction. P