Israel’s Prime Minister Benjamin Netanyahu made the offer along with other steps to help improve the overall economic well-being of the Palestinians.
Mr. Netanyahu also outlined new electricity, water-desalinization and sewage projects intended to make Gaza's 1.5 million people independent of Israeli utilities.
"Clearly there are many items to be worked out, but this is an important breakthrough for the Palestinian Authority, the people of Gaza and the broader region," said Tony Blair, the international peace envoy.
Read more at The Wall Street Journal and Reuters.
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