G7 finance leaders to call on Israel to maintain Palestinian bank links ...Saudi Arabia

STRESA: G7 finance leaders will call on Israel to maintain correspondent banking links between Israeli and Palestinian banks to allow vital transactions, trade and services to continue, according to a draft joint statement seen by Reuters on Saturday. The statement, to be released at the end of a Group of Seven finance ministers and central bank governors’ meeting in northern Italy, also calls for Israel “to release withheld clearance revenues to the Palestinian Authority, in view of its urgent fiscal needs.”

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