Netanyahu: We can outperform the global economy"The Palestianians should understand that they have in our government a partner for peace, prosperity, and rapid economic growth."
Prime Minister designate Benjamin Netanyahu spoke this morning at the STEP Jerusalem Wealth Management Conference, saying that security, prosperity, and peace are all intertwined.
Netanyahu said, "I will negotiate with the Palestinian Authority for peace".The STEP (Society of Trust and Estate Practitioners) conference, in conjunction with Fortress Capital Management and Anglo Capital Ltd., was held in Jerusalem's David Citadel hotel.
Netanyahu said that he was glad Ehud Barak and the Labor Party had joined his coalition, saying, "We need a strong and stable national unity government". He later said, "The Palestianians should understand that they have in our government a partner for peace, prosperity, and rapid economic growth."
Netanyahu, who as finance minister was generally credited with turning around the Israeli economy in its last crisis, spoke of the steps taken then, and said that even now, "I think we can outperform the global economy".
The Prime Minister designate said that
a strong Israeli-Palestinian economic relationship is a strong basis for peace. He noted, however, that the economic track is not a substitute for political negotiation, and said the Palestinian Authority security forces should "progress from policing to terror fighting".
He added that after speaking with Tony Blair, he felt that Israel can remove some bureaucratic obstacles to the Palestinians without compromising security.
Netanyahu concluded with some investment advice:
"I urge you to invest in the Palestinian economy, and in the Palestinian-Israeli economic relationship".Dylan Shub of Fortress Capital was the moving spirit behind the conference, which deals with the issues faced by individual and institutional investors who want to invest in the Palestinian and Israeli economies.
Published by Globes [online], Israel business news -
www.globes-online.com - on March 25, 2009
© Copyright of Globes Publisher Itonut (1983) Ltd. 2009