Donors pledge $2.7 billion for Gaza reconstruction
04:04AM Mon 13 Oct, 2014
CAIRO: Donors at an international conference Sunday promised $2.7 billion to rebuild the war-ravaged Gaza Strip, but all of the key participants said their efforts would be futile without a permanent peace between Israel and the Palestinians.
US-mediated talks broke down this summer before the 50-day war between Hamas and Israel began — the third since 2008 — and it remains unclear how peace can come about.
Norwegian Foreign Minister Borge Brende, who co-chaired the one-day meeting with Egypt, said pledges of $5.4 billion have been made, but that only half of that money would be “dedicated” to the reconstruction of the coastal strip.
Brende did not say what the other half of the funds would be spent on. Other delegates have spoken of budgetary support, boosting economic activity, emergency relief and other projects.
“The message was clear to the international community that the Palestinian brothers are not alone,” Egyptian Foreign Minister Sameh Shukri told a news conference after the meeting.
Qatar pledged $1 billion and the United Arab Emirates promised $200 million.
The pledges followed US Secretary of State John Kerry’s announcement of immediate American assistance of $212 million. The European Union pledged 450 million euros ($568 million), while Turkey, which has been playing a growing regional role, said it was donating $200 million.
Qatari Foreign Minister Khalid bin Mohammed Al-Attiyah, in announcing his country’s pledge, denounced the “international silence” that surrounded Gaza’s destruction.
“While the Palestinian people need financial support, they need more political support from the international community,” he said. “A just peace is the only real guarantee for not destroying what we are about to rebuild and reconstruct.”
Conference organizers hope the pledges will be paid over a three-year period to aid reconstruction in Gaza, which borders Israel and Egypt. Both countries have blockaded Gaza since Hamas took power there in 2007, causing the territory of 1.8 million people economic hardship and high unemployment.
AP