According to the report, the proposal includes 20 clauses, only four of which have been agreed upon. Meanwhile, it appears that an Israeli report will call on the international community to continue its financial support of the Palestinian Authority "so long as bilateral relations continue".
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The first clause in the draft proposal states that the UN General Assembly will call on Israel and the Palestinian Authority to resume negotiations on core issues, including Jerusalem, refugees and the settlements and will allocate six months for negotiations.
After six months, the sides will be committed to reaching understandings that would put an end to the Israeli-Palestinian conflict and would bring about the establishment of a Palestinian state within the 1967 borders, side by side with Israel.
The second agreed upon clause states that Israel will halt unilateral moves, especially on the settlement issue while the Palestinians will fulfill their commitments on security matters.
The next clause stated that the UNGA would welcome a speech made by the Palestinian President Mahmoud Abbas in which he would emphasize the Palestinian Authority's commitment to the UN principles.
The fourth clause notes that the UNGA would accept the World Bank and IMF reports on the Palestinians' ability to govern an independent state after the establishment of state institutions is completed.
Meanwhile, it would seem that Israel is not asking the international community to put an end to its financial support of the Palestinian Authority.
A report set to be submitted by Israel next week to the meeting of international donor states that Jerusalem is calling on the international community to continue its financial support towards the Palestinian Authority, so long as bilateral relations between the two sides continue.
The report which was placed on the Foreign Ministry website present the joint US, EU committee with the "steps taken by Israel for the support and development of the Palestinian economy and socio-economic structure."
Global media reported that this was a surprising move in light of the planned Palestinian unilateral declaration of statehood, but the report revealed that Israel's clearly states that the recommendation for support is under the condition of continued "bilateral relations".
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