Jad Isaac, director of the Applied Research Institute in Jerusalem, said on a UN meeting in Cairo that Israel’s occupation of Palestine is the main impediment to any prospects for a sustainable Palestinian economy. The total measured cost of the Israeli occupation is estimated to be at 84 percent of Palestinian GDP. The majority of financial losses was accounted for by the restrictions for Palestinians to access their own national resources. Moreover, Israel exploits the water, land and mineral resources on Palestinian lands for its own economic gain, hereby preventing Palestinians to benefit from it.
Maan News Agency, Palestine.