IBSA Fund, which brings together India, Brazil, and South Africa, works in cooperation with the United Nations Office for South-South Cooperation in microfunding program.
Browsing: west bank
In the wake of Brazil’s ratification of Mercosur’s free trade agreement with Palestine, Ambassador Alessandro Candeas analyzes in an article the commerce between the two countries and potential prospects, suggesting that Brazil could buy more Palestinian goods to balance out trade. This year’s result is a surprise given the crisis that has plagued Palestine in the context of war.
Tourism board of the Arab country participates in WTM Latin America with ten companies offering packages to people interested in the pilgrimage tourism to the Holy Land.
Diplomacy took 33 people that wanted to leave the West Bank to Amman to be repatriated in Brazil on a plane lent by the Presidency.
The World Bank said in a report that the economic perspectives for the country are bleak. Restrictions imposed by Israel makes the Palestinian economy operate below its potential.
The bank signed agreements worth USD 33 million to support infrastructure projects and restore buildings in the West Bank, Gaza Strip and Jerusalem.
A documentary film by Omar Luiz de Barros Filho made the shortlist for the Heritales film festival. It can be viewed and voted on online.
The country’s economy is expected to slide by 7.6% to 11% this year as a result of the novel coronavirus, but international support and access to technology can improve the scenario.
The sum will be allocated to four projects in Gaza, the West Bank and Jordan, and exceeds year-long donations from the USA. The latter’s government has cut all funding to the United Nations refugee agency.
According to a report by the UN agency, the occupation drove the rate to 27%. The lifting of the trade restrictions alone could make the local economy grow 10%.