Mohammed Mustafa, chairman of the Palestinian Investment Fund and senior economic adviser to Palestinian President Mahmoud Abbas, told the Bloomberg news agency that Abbas is willing to withdraw his demand for a settlement construction freeze by Israel on the West Bank as a stipulation for renewing negotiations with Israel. Mustafa also revealed the reason: Various countries and international donors have drastically decreased their financial assistance to the Palestinian Authority (PA). Thus, the only way to avert the PA's economic collapse is to enter into negotiations with Israel.

These words expose not only motive on the Palestinian side, but also the way the Israeli-Palestinian game is playing out behind the scenes. After Donald Trump was elected US president in November, the Palestinians adopted a cautious approach. In this way, they hope to score diplomatic successes based on a detailed timetable.

In the short term, they want to prove to the US administration that they, the Palestinians, do not erect barriers or set obstacles in the way of diplomatic negotiations. They want to prove that they are even willing to assist Trump in achieving the historic peace agreement that has eluded every US president who has tried to reach one.

In the medium term, Abbas hopes to save the PA and his regime from collapse. A positive atmosphere between Ramallah and Washington may well lead to a renewal of US economic aid that the PA so desperately needs. More so, if other countries that donate funds to the PA but recently halted them to a large degree see light at the end of the tunnel, they might decide to revive aid as well.