Ramallah West Bank. 25/07/07. The American Task Force on Palestine today welcomed the launch of the Middle East Investment Initiative Program, which will generate $228 million dollars in loans to small and medium-sized Palestinian businesses. Palestinian President Mahmoud Abbas, Palestinian Prime Minister Salam Fayyad, U.S. Under Secretary for Public Affairs Karen Hughes and President of the American Overseas Private Investment Corporation (OPIC) Rob Mosbacher, Jr. today put into motion the plans approved by President George W. Bush to provide investment capital to improve the Palestinian economy and the living standards of Palestinians.
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