The Valley of Peace initiative is an effort to promote economic cooperation between Israel, Jordan, and Palestine based around efforts and joint projects in the Arava/Arabah Valley, along which runs the southern portion of the Israel - Jordan border. It received the personal attention and support of Shimon Peres, President of Israel. The initiative involved ongoing joint efforts by regional leaders to launch joint new industrial and economic projects, which will create new local businesses and job growth, and promote ongoing cooperation.[1][2][3]
This effort also fits with other new trends and efforts within Israeli and Palestinian society to promote reconciliation based on joint economic effort and dialogue between both groups.
One major component of this plan is the construction and operation of Qualifying Industrial Zones. These are industrial facilities within Jordan and Egypt which can serve as centers of collaborative effort.
- ^ Israel, Jordan, PA and Japan Launch 'Valley of Peace', 8/15/07.
- ^ Cite error: The named reference
JPost1was invoked but never defined (see the help page). - ^ Dramatic new support for Red-Dead plan By JUDY SIEGEL-ITZKOVICH, Jerusalem Post, May 16, 2008.
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