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US to hold economic conference in Bahrain to encourage investment in Palestinian areas

US to hold economic conference in Bahrain to encourage investment in Palestinian areas
The US is to hold an international economic workshop in Bahrain in late June to encourage investment in Palestinian areas as the first part of its Middle East peace plan. (Shutterstock)
Updated 20 May 2019

US to hold economic conference in Bahrain to encourage investment in Palestinian areas

US to hold economic conference in Bahrain to encourage investment in Palestinian areas
  • "Peace to Prosperity" conference will be held from June 25-26
  • The conference will bring together government and business leaders

WASHINGTON: The US is to hold an international economic workshop in Bahrain in late June to encourage investment in Palestinian areas as the first part of its Middle East peace plan, according to a White House statement.

The "Peace to Prosperity" conference, which will be held from June 25-26, is intended to "galvanize support for potential economic investments" that could be made possible by a Middle East peace agreement, the statement added.

The conference will bring together government and business leaders to help "jump-start the economic portion of the US peace initiative," the White House statement said.

More to follow...