Due to the ongoing pandemic, this year’s occasion was organized online and realized through Avi Zimmerman, a member of the IBR and president of the Judean and Samaria Chamber of Commerce and Industry, a non-profit organization committed only to regional economic progress that has served as a regional economic progression organization sponsoring the occasion. Other sponsors included the Sagamore Institute, the American Association for Education in Israel, and the Israel Leadership Development Fund.
Zimmerman told JNS that “there is a window of opportunity for Israeli-Palestinian economic associations to flourish as a result of Abraham’s monumental agreements. IPEF 2020 is a historic occasion that identifies successes while challenging businesses and public policy makers to make additional progress. “
“Peace through economic strength is the formula”
So what is the connection between the Abrahamic Agreements and the development of Israeli-Palestinian industry?
According to Israeli Regional Cooperation Minister Ofir Akunis, who spoke at the event, the standardization style between Israel, the United Arab Emirates and Bahrain can be used to revive Israeli-Palestinian relations.
He said that from the so-called “land for peace” model, “peace through economic strength is the right formula for true peace in the Middle East. “
Akunis gave examples of how his ministry is executing projects for Arabs and Jews, adding a new hospital and medical center in the city of Ariel in Samaria. He added: “We are witnessing the true new Middle East: peace for prosperity. “
Eli Shaviro, mayor of Ariel, agreed with the assessment of “Peace for Prosperity”. As a guest on one of the event panels, he explained: “If there is a smart economy, there is stability. That’s as we delve deeper into the issue, the more we do things in combination, with Palestinian friends living in the same region, and without getting into politics. . . doing things creates a scenario in which everyone benefits. It’s a win-win for everyone. “
Shaviro helped supply the area for the Judea-Samaria Chamber of Commerce and Industry to Ariel because it says, “Literally, this can lead to real coexistence between us and our neighbors.
Unfortunately, there are forces opposing normalization between the two sides, however Palestinian businessman Ashraf Jabari, co-founder of the Chamber of Commerce, is positive about the future. He told JNS that “this is the next step in Israeli-Palestinian economic cooperation. There are countless opportunities for our neighboring communities to create business partnerships, but there are those who do not need our shared good fortune to go public. Fortunately, market forces are more powerful than politics. Our dating development will continue to lead the way. “
“The Israeli-Palestinian Economy”
Israeli businessman Tally Zingher, also a panelist at one of the sessions, said she believed that Abraham’s agreements would offer “strategic business-to-government opportunities to Palestinian and Arab-Israeli entrepreneurs” whose purpose is to try to penetrate markets from within. United Arab Emirates /Bahrain. She believes that there are wonderful prospects for progress in wastewater recovery spaces and wise cities, as well as in food, agricultural and health technologies. And he warned that anyone who wants to enter new markets reads the strategic visions of those countries. and see if their corporations are compatible.
Mike Humphrey, co-chair of Integrated Business Roundtable, told JNS that in addition to IPEF last week, his organization organized its first “Impact Investor Exhibition” to introduce thousands of leaders to “the emerging Israeli-Palestinian economy bubbling in the West Bank. . »
He said that at the event, “more than 50 faith-inspired ones have an effect on investors who judged an invitation only as a boast of two new Corporations in Judea and Samaria competing” with shark tank “for a fair new investment of NIS 1 million. “
During IPEF, he announced that two companies, an Israeli-owned renewable energy company and a Palestinian-owned virtual fitness company, had each earned NIS 500,000 [nearly $ 150,000] in investments to help start their businesses.
Another revelation Zimmerman revealed in the IPEF was the announcement that the IBR and Ariel’s Business Spirit Field Center plan to launch an Israeli-Palestinian business accelerator in early 2021 with the aim of making it self-sufficient. Arab-Jews target companies that will target the accelerator.
He also shared with the public how all this progress in building advertising links between Jews and Arabs is imaginable despite the pandemic.
“COVID-19 has been a blessing to the IPEF. This is not to say that it has not had a deastrous effect on the countless corporations we have or have not wreaked havoc on the same markets that require development. This means that we have taken on the challenge of running remotely and take advantage of it to our advantage. . . through greater virtual access with partners around the world,” Zimmerman said, “The Israeli Palestinian Economic Forum can now offer exciting effects and then milestones for our network of developing partners.
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