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First Palestinian Business Conference to take place in May

April 15, 2015 12:03 P.M. (Updated: April 15, 2015 12:03 P.M.)
BETHLEHEM (Ma'an) -- Palestinian businessman Farouq al-Shami declared Tuesday that the first Palestinian Business Conference will take place next month

Al-Shami, who is also head of the conference, said the event aims to support Palestinian economic dependence as well as help to create more job opportunities through building new projects.

He told Ma'an the conference will be taking place in Ramallah for three days starting on May 4.

More than 300 Palestinian, Arab, and foreign businessmen will attend the conference to discuss methods of investment in education, agriculture, technology and manufacture.

President Mahmoud Abbas will also be taking part in the conference.

Al-Shami added that the committee in charge of the conference has already started delivering invitations to businessmen expected to invest in Palestine, pointing out the opportunity for businessmen abroad to familiarize with the Palestinian economy and visit Palestinian factories.

Al-Shami called upon businessmen to invest in Palestine and support Palestinians.

Al-Shami's call is the most recent amid expanding efforts by Palestinians to reduce dependence on Israeli products and markets, a difficult process due to Israeli control, restrictions, and taxing of goods entering and leaving both the West Bank and Gaza Strip.

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