Trump peace plan
The Trump peace plan, also known as the Deal of the century,[note 1] is an American peace proposal intended to resolve the Israeli–Palestinian conflict. The plan was authored by a team led by Senior Advisor to the President of the United States Jared Kushner.
The plan is divided into two parts, an economic portion and a political portion. On June 22, 2019, the Trump administration released the economic portion of the plan, titled "Peace to Prosperity", containing two pamphlets of 40 and 96 pages each that are filled with financial tables and economic projections. The political portion is yet to be released.
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The economic portion of the plan, titled "Peace to Prosperity", was published on June 22, 2019, and will be presented by Kushner during the June 25–26 workshop in Manama, Bahrain. The plan includes a $50 billion investment fund for 179 infrastructure and business projects, to be administered by a "multilateral development bank", with investments protected by "accountability, transparency, anti-corruption, and conditionality safeguards". The administration envisions the plan being funded mostly by Arab states and wealthy private investors. Spending is divided into $26 billion in loans, $13.5 billion in grants, and $11 billion in private investment.
The majority of the $50 billion would be spent in the West Bank and Gaza, with $9 billion to be spent in Egypt, $7 billion in Jordan, and $6.3 billion in Lebanon. The proposal includes a number of specific projects, including construction of a travel corridor that would cross Israel to link the West Bank and Gaza with a highway and possibly a rail line, vast expansion of border crossings, power plant upgrades, infrastructure improvements to boost tourism, career counseling and job placement service, re-building and modernizing Palestinian hospitals and health clinics, upgrading cargo terminals and building special access roads to reduce the time and costs of cross-border trade and travel, creating of a modern database to register land ownership, improving the potable water supply and waste water treatment, and establishing a new Palestinian university in the global top 150.
The plan advocates a free market including greater protection of property rights and a "pro-growth tax structure."
The plan's stated goals include creating more than a million jobs, more than doubling the Palestinian GDP, and cutting the poverty rate by 50%. It also aims to bring down the unemployment from 31% down to single digits, and to increase Palestinian exports as a percentage of GDP from 17% to 40%. The plan also aims to increase female labor force participation rate from 20% to 35%, reduce infant mortality from 18 to 9 per 1000 births, and increase average life expectancy from 74 to 80 years.
The political portion of the plan has yet to be released, and is expected to be rolled out no earlier than November 2019.
Kushner said that the peace proposal will not include the phrase "two-state solution", saying "If you say 'two-state', it means one thing to the Israelis, it means one thing to the Palestinians. We said, 'You know, let’s just not say it. Let’s just say, let’s work on the details of what this means.'" A top-ranking Saudi diplomat stated that the plan includes a "clear path leading to complete Palestinian independence". Greenblatt said that the plan "will include a resolution to all of the core issues, including the refugee issue, and will also focus on Israel’s security concerns", and that the plan does not call for a confederation model or for a transfer of land from Egypt's Sinai Peninsula to the Palestinians.
- Various news organizations have referred to the plan as the "deal of the century", although there is no record of President Trump or the administration using the name.
- "No, Trump doesn't call Mideast plan 'deal of the century'". Arab News. June 23, 2019. Retrieved June 24, 2019.
- Baker, Peter (November 11, 2017). "Trump Team Begins Drafting Middle East Peace Plan". The New York Times. Retrieved June 23, 2019.
- "Exclusive: White House's Kushner unveils economic portion of Middle..." Reuters. June 23, 2019. Retrieved June 23, 2019.
- "Jared Kushner Unveils Economic Portion Of Middle East Peace Plan". HuffPost. June 22, 2019. Retrieved June 24, 2019.
- Cortellessa, Eric. "White House finally unveils 'Peace to Prosperity' economic plan for Palestinians". The Times of Israel. Retrieved June 24, 2019.
- "White House unveils economic portion of Middle East peace plan". Jewish Telegraphic Agency. June 22, 2019. Retrieved June 24, 2019.
- AFP and TOI staff. "A look at some of the details of the economic aspect of the Trump peace plan". The Times of Israel. Retrieved June 24, 2019.
- "White House releases detailed economic plan for Palestinian people - Middle East - Jerusalem Post". The Jerusalem Post. Retrieved June 24, 2019.
- Steinbuch, Yaron (May 3, 2019). "Jared Kushner says Mideast peace plan won't say 'two states'". New York Post. Retrieved June 23, 2019.
- "Saudi official says 'Deal of Century' leads to full Palestinian statehood - Israel News - Jerusalem Post". The Jerusalem Post. Retrieved June 23, 2019.
- Ahren, Raphael. "Greenblatt tells ToI: US won't propose Israel-Jordan-Palestinian confederation". The Times of Israel. Retrieved June 24, 2019.
- "U.S. Mideast plan will not include land transfer from Egypt's..." Reuters. April 19, 2019. Retrieved June 24, 2019.
- "Peace to Prosperity", economic portion of the plan at whitehouse.gov.