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Britain pledges $500 million to P.A. for peace

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Britain pledged to give the Palestinian Authority $500 million in aid if it makes peace with Israel.

 

Douglas Alexander, the British secretary of state for international development, said Monday that his government would pledge $500 million over three years if positive results come out of the Annapolis conference.

 

Alexander met with P.A. President Mahmoud Abbas and Israeli officials in separate meetings. His offer comes days before a Paris donor meeting on Dec. 17 to raise $5.5 billion over three years to help the Palestinians as negotiations over a state progress.

 

Alexander said Britain was prepared to help the Palestinians work to recover their economy.

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