(YNetNews) “The Israeli-Palestinian peace process is not all about money. Some think that a strong Palestinian economy will be enough to maintain stability in the West Bank, but economic growth alone will not assure a sustainable future,” said Robert Serry, the UN special coordinator for the Middle East peace process.

Speaking this week during the closing ceremony of ISRAMUN 2012 (Israel International Model United Nations) at the College of Management Academic Studies (COMAS) in Rishon Lezion, Serry said, “Indeed, in the last few years we have seen considerable economic growth in the Palestinian territories, and relative stability, including unprecedented security cooperation. Yet economic growth alone will not assure a sustainable future. This is because the Palestinian Authority is quickly, in my view, losing its legitimacy in the eye of the public, if it is not able to bring also the political goal forwards – the creation of a Palestinian state living side by side with Israel in peace and security.”

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