"As is" reference - not a United Nations document
18 December 2007
The UK will provide $500 million in aid to help boost development in Palestine as part of a drive for a 2008 peace deal, the PM has said.
Speaking at a Downing Street press conference with Palestinian President Mahmoud Abbas, the PM hailed the seven billion dollars pledged to Palestine at the Paris donors conference that concluded yesterday. A further investors conference will be held in Bethlehem next year, he said.
Mr Brown said he hoped that settlement activity by Israel in Palestinian terroritories would end and that attacks on Israel, mostly through rockets launched from the Gaza strip, would also cease. Under these conditions progress could be made on securing economic development for Palestine and securing a peace deal in 2008 as envisaged in last month's Annapolis agreement, he added
The PM said:
"We stand ready to do everything else that is necessary to promote investment in Palestinian areas to make it possible for unemployment to fall, for poverty to be reduced and for jobs to be created."