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US-Palestinian economic ties resume after 5 years

Palestinians have reluctantly agreed to give the economic track a chance after it became obvious that there was no movement expected on the political track.

President Mahmoud Abbas, pictured at a meeting with journalists in the occupied West Bank town of Ramallah on June 23, 2019.
President Mahmoud Abbas, pictured at a meeting with journalists in the occupied West Bank town of Ramallah, met on Dec. 14 with Under-Secretary of State for Political Affairs Victoria Nuland to discuss the Palestinian economy. — ABBAS MOMANI/AFP via Getty Images

Five years after the suspension of US-Palestinian talks on economic issues, Washington appears to be open for the resumption of economic talks. Under-Secretary of State for Political Affairs Victoria Nuland recently met with Palestinian President Mahmoud Abbas, inaugurating the way for talks that were suspended during the Trump administration and for the most part of the first year of Joe Biden's presidency. 

During the meeting with Nuland, Abbas said Israel must stop unilateral measures that undermine the two-state solution. Nuland wrote on Twitter that she held a “productive discussion” with Abbas on Monday “on the renewed US relationship with Palestinians, respect for human rights and democracy, and support for a two-state solution.”

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