Back to the complete issue
Wednesday, 29 January 2020

Trump unveils his Middle East Peace Plan favouring Israel

Trump unveils his plan to make Israel great again: US President Donald Trump finally unveiled the political component of his Middle East Peace Plan yesterday winning the praise of Israel and immediate anger from Palestinians. In a press conference with Israeli caretaker PM Benjamin Netanyahu, Trump didn’t disguise where his administration’s priorities lay, describing the long-awaited proposals as a “great plan for Israel…a great plan for peace.”

The plan reads like Israel’s wish list, allowing the Jewish state to annex its illegal settlements in the West Bank and take control of the land bordering the Jordan Valley. Israel would get to claim Jerusalem as its unified capital, with the Palestinians being designated land on the outskirts of East Jerusalem on which to build their capital ‘Al Quds’. Israel has offered to halt its colonization of the West Bank for four years, but Netanyahu yesterday pledged to push ahead with attempts to annex the existing settlements and the Jordan Valley.

What do the Palestinians get? The Palestinian Authority would receive around USD 50 bn in investment from international donors with which to build a new state in which the US pledged to establish an embassy. This authority would not be permitted to become a fully fledged state equal to Israel on the world stage, but would be banned from having an army and an airforce. Israel would be responsible for overall security in the Palestinian territories, which would also contain more than a dozen Israeli “enclaves.” Trump tweeted a map showing the Palestinian territories far smaller than envisioned by the Oslo peace agreement in 1993, linking Gaza to the West Bank by road. You can find the entire plan here (pdf).

Surprising absolutely noone, Palestinians were not happy: Trump said he sent a letter to Palestinian President Mahmoud Abbas asking him to read the plan. However, Abbas mocked the plan dubbing it the “slap of the century,” according to Reuters. Abbas stressed that Jerusalem is not for sale, while thousands of Palestinians took to the Gaza streets in protest.

Egypt’s Foreign Ministry released a fairly positive statement on the plan, urging the Palestinians and Israelis to “undertake a careful and thorough consideration of the U.S. vision to achieve peace and open channels of dialogue, under U.S. auspices, for the resumption of negotiations. Jordan, meanwhile, said it was committed to a two-state solution based on the pre-1967 borders while rejecting Israel’s annexation of its valley. The United Nations Secretary-General Antonio Guterres said he supports the Palestinians and Israelis in resolving their conflict on the basis of UN resolutions, international law and bilateral agreements while the European Union also said it needed to study it more closely, according to the Associated Press.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.