The UAE and Saudi Arabia will attend the President’s “Peace to Prosperity” workshop in Bahrain in June; UAE to send delegation of businessmen, investors and finance ministers, calls for a Palestinian state with East Jerusalem as capital.
The United Arab Emirates (UAE) and Saudi Arabia announced they will attend President Trump’s “Peace to Prosperity” workshop in Bahrain in June, the first phase of his “Deal of the Century”. The UAE’s Ministry of Foreign Affairs and International Cooperation released a statement welcoming the event and addressing its stance on the Israeli-Palestinian conflict. It reads, “The UAE supports all international efforts aimed at supporting economic progress and increasing opportunities in the region, and alleviating the suffering of people in the region, particularly our brothers in Palestine.” It claimed the workshop’s “aim [is] to lift the Palestinian people out of misery and to enable them for a stable and prosperous future.” It also reiterated its support for the “establishment of a Palestinian state with East Jerusalem as its capital.”
The UAE will send delegations of businessmen, investors, finance ministers and much more to “review ideas and investment opportunities in the region and discuss the potentials of economic growth, development of human capital, creation of incentive investment environment in the region in general and in Palestine in particular.” Saudi Arabia will reportedly send the Kingdom’s economy minister and a delegation as well.
The Trump Administration announced the first phase of the peace deal on Sunday. It was praised and welcomed by Secretary of the Treasury Steven Mnuchin who stated at the time, “I look forward to these important discussions about a vision that will offer Palestinians exciting new opportunities to realize their full potential. This workshop will engage leaders from across the entire Middle East to promote economic growth and opportunity for the people in this important region.”