How are the Palestinians faring economically?
Israel has made substantial efforts since the signing of the Oslo accords to facilitate Palestinian-Israeli economic cooperation in the context of the peace process. As a result, there has been a marked expansion of Palestinian trade and employment in Israel, as well as other forms of economic cooperation from 1994 until the present outbreak of violence. Israel, in collaboration with the Palestinian Authority, has taken a broad range of actions since 1994 in order to promote and improve the free movement of goods and labor from the Palestinian Authority into Israel. Industrial parks have also been set up in the Palestinian Authority, involving substantial Israeli investment and economic incentives. These measures have had a significant, positive impact on the Palestinian economy. Unfortunately, the recent events have led to a sharp decline in economic activity in the area, with economic repercussions for both the Palestinian Authority and Israel. The Government of Israel is seeking to
