West’s warning to Netanyahu: Do not paralyze the economy of the West Bank

According to Isna, American media reported that US Treasury Secretary Janet Yellen and seven of her western counterparts have warned in a letter to Israeli Prime Minister Benjamin Netanyahu that the policies of Israeli Finance Minister Betsalel Smotrich may lead to the collapse of the economy. Palestinians lead.

According to Axios, which got access to this letter, Smotrich has until October 31 (November 10) to extend the financial cooperation between the banks of the occupied territories and the West Bank. Otherwise, the Palestinian banking system will be closed.

According to this report, the United States and its Western allies have expressed their concern in a letter to Netanyahu that Smotrich may not renew this cooperation agreement, which will have very dangerous consequences, including the fall of the Palestinian Authority and the emergence of a security crisis in the West Bank. Shat

Smotrich, who is one of the most radical figures of the Zionist regime’s cabinet in different periods, has opposed the extension of this license by claiming that Palestinian banks help finance “terrorist activities”.

Under this false pretext, he had demands from Palestinian banks, which, according to Axios, American officials and allies of this country say have been fulfilled. However, it is still unclear whether Smotrich will give permission to Israeli banks to cooperate with Palestinian banks.

The US Treasury Secretary and his counterparts from Japan, Canada, England, the Netherlands, Australia, France as well as the European Union have warned in this letter that if this license is not renewed, more than 13 billion dollars will be exchanged as a result of the cooperation between Zionist banks and Palestine has become possible, it will be stopped, which not only damages the economy of the Zionist regime, but also makes the economic situation of the West Bank very difficult.

The letter states: “We ask you to extend the cooperation of banks with the West Bank for at least one more year in order to reduce the risk of economic collapse in the West Bank.”

end of message