US Encouraging Investment In West Bank--And Gaza

Boker Tov, Boulder writes Your Federal Government At Work ... For Palestinians, about how despite restriction on investment with the PA, The Department of the Treasury’s Office of Foreign Assets Control (OFAC) says:

Consistent with current foreign policy, certain transactions otherwise prohibited pursuant to the Regulations are being authorized by general license to facilitate limited transactions by U.S. persons with the Palestinian Authority.

Going one step further, the Buy USA site--which has a special page for the West Bank--exclaims:

Yes, you can do business in the West Bank and Gaza! Dozens of American firms have established agencies and distributorships, and Palestinian consumers have a strong preference for a wide variety of U.S. goods and services.

Many American companies have reoriented their marketing efforts to acknowledge the Palestinian market as culturally, economically, and commercially distinct from the Israeli market. The U.S. Commercial Service in Jerusalem strongly encourages American exporters wishing to market their goods in the West Bank & Gaza to use local Palestinian agents and distributors. Using Israeli agents for Palestinian markets does not utilize local, Palestinian market expertise, and does not allow U.S. firms to maximize their sales exposure to the local market. We can help you find well qualified Palestinian agents and distributors for your products.

There is even a list of upcoming trade events.
Well, you know what they say:
One man's terrorist is another man's trading partner.

Be sure to read Boker Tov's post.
(Memeorandum)

[Hat tip: Soccer Dad]

Technorati Tag: Palestinians.