DFID has provided over £380 million in assistance to Palestinians since the Oslo peace accords were signed in 1994. For 2007-08, we have made £31.6 million available. Of this, we have provided £1 million to the Red Cross for humanitarian work; £3 million to the Temporary International Mechanism (TIM) and £15.6 million to the UN Relief and Works Agency (UNRWA). On 17 July, the Secretary of State for International Development announced a £3 million contribution to help the Palestinian Authority pay off its debts to the private sector.
DFID provides technical assistance to Palestinian institutions, including the Office of the President, the Negotiations Affairs Department and the Ministry of Finance. We are launching a £3 million initiative to help Palestinian businesses compete in new markets and increase their exports. Together with the Foreign and Commonwealth Office and the Ministry of Defence, we work to reduce conflict through the Global Conflict Prevention Pool.