Israel has introduced economic sanctions on the Palestinian Authority in retaliation for their leadership signing international conventions, a move which has further jeopardised the troubled US-brokered peace talks.
The Israeli government announced that it would deduct debt payments from tax transfers which the Palestinian Authority receives and also limit their bank deposits in Israel.
Palestinian negotiator Saeb Erekat condemned the move as “theft.”
Peace talks were already plunged into crisis last week when Israel failed to release Palestinian prisoners as President Mahmoud Abbas signed 15 global treaties – both acts contravened agreements made last year for sitting down to negotiations.
According to some sources there were signs that both sides still wished to extend the talks past the April 29 deadline.