U.S. Seeks Funds For Middle East Peace Plan

Credit: Wochit
Published on June 25, 2019 - Duration: 00:43s

U.S. Seeks Funds For Middle East Peace Plan

MANAMA (Reuters) - The Trump administration prepared to launch its $50 billion economic formula for Israeli-Palestinian peace in Bahrain on Tuesday but the Palestinian leadership reiterated its disdain for the plan and Saudi Arabia, envisaged as one of its main bank-rollers, also indicated some reservations.

White House senior adviser Jared Kushner and Treasury Secretary Steven Mnuchin arrive at Manama's Four Seasons hotel, the venue for the U.S.-hosted "Peace to Prosperity" conference, in Manama, Bahrain, June 25, 2019.

REUTERS/Matt Spetalnick The two-day international meeting, led by Trumpโ€™s son-in-law and senior advisor Jared Kushner, has been billed as the first part of Washingtonโ€™s broader political blueprint to resolve the Israeli-Palestinian conflict.

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