President Trump unveiled his so-called “Deal of the Century” on January 28, 2020 to resolve the Israeli-Palestinian conflict. Both the Israeli Prime Minister Benjamin Netanyahu and opposition leader Benny Gantz were present at the ceremony held at the White House. Introducing his plan, President Trump said, “Today, Israel takes a big step towards peace…my vision presents a win-win opportunity for both sides, a realistic two-state solution that resolves the risk of Palestinian statehood to Israel’s security.” Ambassadors from Bahrain, UAE and Oman were also in attendance.
President Trump’s peace plan known as ‘Peace to Prosperity: A Vision to Improve the Lives of the Palestinian and Israeli People‘ has two components: a political framework; and an economic framework. The latter was revealed in June 2019, and if put into practice, it expects to double Palestinian GDP, create more than a million employment opportunities and decrease poverty rate by half.