Kerry unveils $4b Palestinian investment plan

US secretary of state John Kerry unveiled on Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
As he seeks to bring Israel and the Palestinians back to the table to negotiate a peace deal, Kerry said it was also imperative to create jobs and meet the hopes of young people for a better economic future.
He has tasked Tony Blair, the Quartet's special envoy to the Middle East, with drawing up a plan to revitalise the West Bank through boosting industries such as tourism, construction, information technology and agriculture.