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$US 5.4 billion pledged for Palestine at Cairo conference

October 12, 2014
Palestinians seek shelter after evacuating their homes located near the border with Israel, July 13, 2014. Credit: Alessio Romenzi
Palestinians seek shelter after evacuating their homes located near the border with Israel, July 13, 2014. Credit: Alessio Romenzi

A donor’s conference co-hosted by Egypt and Norway has raised $US 5.4 billion to rebuild the Gaza Strip.

The United States announced on Sunday it will provide the largely destroyed Gaza strip with $212 million worth of aid, being the first donor to announce its contribution during the Gaza reconstruction conference.

Both Turkey and the United Arab Emirates pledged $US 200 million each, while Qatar pledged $US 1 billion. The European Union pledged $US$ 568 million.

The conference is co-hosted by Egypt and Norway in Cairo to raise funds for the strip’s reconstruction, after the 50-day Israeli offensive against the strip which started on July 8, destroying most of its infrastructure.

Thirty foreign ministers, 50 delegations, and 20 representatives of regional and international institutions, such as the United Nations, the IMF, and the World Bank, were scheduled to attend the conference.

Addressing the attendees of the conference, U.S. Secretary of State John Kerry described the humanitarian challenges faced by Gaza as “enormous”. Kerry said that Gaza’s needs go beyond “just reconstruction” and “recovery”, adding that the strip needs building for the long term and developing institutions under the Palestinian authorities.

“The Palestinian authorities need to be empowered,” Kerry said, adding that the Palestinian authorities also need to expand their role into Gaza.

The strip has been ruled by the Islamist group Hamas since 2007. So far, Gaza has witnessed three wars between Hamas and Israel, which recognises Hamas as a terrorist organisation.

The wars have left 3760 people killed and 18,100 injured, including 2145 and 11,200 in the most recent war alone, respectively, Palestinian Authority President Mahmoud Abbas told the conference.

“Asking for reconstruction every two years in no longer acceptable,” Abbas said, adding that this would not have been the case if the peace treaties previously agreed upon had succeeded.

Kerry addressed the U.S. efforts to achieve a two-state solution within the occupied territories, stressing that the U.S. has been working on restoring the peace process.

“What was compelling about a two state solution a year ago is even more so now,” he said.

During the conference, Egypt’s president Abdel Fattah al-Sisi addressed the Israeli government and people, saying “it’s time to end the struggle.”

Abbas announced on Sunday that $4 billion are needed for Gaza’s reconstruction.

However, earlier, the United States Department of State said it is weary that enough money would be raised to rebuild the Gaza Strip.

A long-term truce was announced by Egypt and welcomed by Israel and the Palestinians on August 26, ending a 50 day war that has left over 2100 Palestinians killed. On the Israeli side sixty-four soldiers and six civilians were killed.

Edited by Egyptian Streets

Comments (16)

  1. thebigkohen says:

    UN Secretary-General Ban Ki-moon – This man leads a corrupt, anti-Semitic organization that is fixated on destroying the Jewish state and the Jewish people. No person with any credibility takes the UN and their buffoon leader seriously. The entire institution should be thrown out of NY and relocated here in jerusalem, so their members could see and feel what real occupation and terrorism is as they travel to all our neighboring capitals and nations..

    Israel will be strong. Only 2 more years of Obama and the Euros have their own occupation problem-namely trying to save their culture from their increasingly jihadist immigrant population.

    The UN has now joined Obama in his war on Israel. Obama has for 6
    years been involved in a diplomatic, propaganda, economic, political and
    strategic war on Israel. American Jew”ish” Jews have aided and abetted this vile enemy of the Jewish people.

    This terrorist has now cast the UN’s lot with the muslim terrorists. “Occupation”? This is the Joseph Goebbels analysis of Jews defending themselves against a terrorist organization.

    It is the Israeli withdrawal from Gaza that led to Gaza war.

    Islam = ebola virus

  2. Minymina says:

    I’m against this conference as Hama’s will just use the money to fund their terrorist machine. We should be encouraging the people of Gaza to overthrow Hama’s, giving them money won’t help that. Hama’s is bad for both the Palestinian people / cause and the Middle East as a whole.