Report: Israel Won’t Revoke Palestinian Accords

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Mahmoud Abbas, President of the Palestinian National Authority, finishes a speech ahead of a vote at the UN General Assembly on Palestinian "non-member status" in New York City on Nov. 29, 2012.

Before the United Nations vote that accepted Palestine as a nonmember observer state, Haartez reports, the Israeli government was considering offsetting its institutions’ debts with funds normally collected on behalf of the Palestinian Authority, including provisions of the Oslo accords. Now, post-vote, that move appears to be unlikely. A source in the industrial sector says the Palestinian market is growing, and that the Israeli business sector “will make it clear to the government that it wants to continue to work with” them.