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Palestinian West Bank

Volume 494: debated on Wednesday 24 June 2009

12. To ask the Secretary of State for International Development what his latest assessment is of the effectiveness of his Department's projects to support economic development in the Palestinian West Bank. (281803)

In 2008, the Department for International Development (DFID) funded two conferences aimed at encouraging investment in Palestine. UK Trade and Investment (UKTI) is now working with various stakeholders on conference follow-up and will be supporting a scoping mission to the West Bank in October.

In partnership with the World Bank, we are also supporting the Palestinian private sector through the Facility for New Market Development (FNMD), which is currently helping 138 companies (115 in the West Bank) to develop new products and/or enter new markets. FNMD clients have already developed four new products and entered 13 new international markets.