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Ifax: Russia calls U.S. economic plan for Mideast 'counterproductive'

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Russia's Ministry of Foreign Affairs said on Thursday that a $50 billion U.S. economic plan for the Middle East was "counterproductive", the Interfax news agency reported.

 

The economic plan calls for the creation of a global investment fund to lift the Palestinian and neighbouring Arab state economies, and the construction of a $5 billion transportation corridor to connect the West Bank and Gaza.

 

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