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Home»Finance»Meet the man tasked with investing in Palestine’s future
Finance

Meet the man tasked with investing in Palestine’s future

DeepBy DeepNovember 2, 2016No Comments2 Mins Read
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The role of the Office of the Quartet  7 Hours Ago | 03:41
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In the latest episode of the CNBC Conversation, CNBC’s Louisa Bojesensits down with the head of mission at the one of the leading bodies in the Middle East peace process: the Office of the Quartet’s Kito de Boer.

In his conversation, de Boer talks to CNBC about some of the initiatives the group is currently pursuing, and whether he believes a one-state solution could be achievable when it comes to the Israeli-Palestinian conflict.ADVERTISING

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“My main mission is to try to find a way of helping to bring capital back into the Palestinian economy, to help build a stronger nation state and in order to do that in the state of occupation we have to find a way of being able to handle the politics, to be a bridge between the Palestinians, the Israelis and the international community,” he said.

“And we also have to find a way of working with the private sector to bring money to come in, capital to come in. Any rational investor would really struggle to invest in Palestine – it’s a small complex market and for us to succeed in bringing capital into the sort of level that we’re talking about more than a billion a year is what our aspiration would be. We have to make it easy for investors to come in.”

De Boer also weighs in on why land mapping is so important, the relationship the Quartet had with former U.K. Prime Minister Tony Blair, and investment into Palestinian territories.

source”cnbc”

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