On the recordMay 3, 1994
Well, first let me say, I agree it will take more than $2 billion to totally construct a successful economy on the West Bank and around Jericho and in other places--in Gaza and Jericho, excuse me. But I think the $2 billion is a very good start. That's what we might call real money. I mean, it's a pretty good beginning. And let me say that in anticipation of--I've not checked this today, but I asked if we could have in Cairo, when the agreement is signed between the PLO and Israel, a delegation of American business people, American Jews and Arab-American business people who have pledged themselves to work together to bring private capital and private investment in to support the other commitments that the governments have made at the donors conference. So, I believe you can look forward to a significant increase in private investment from the United States from both Arab-Americans and Jewish-American business people in these areas because of their common determination to work together to see that you are able to work and live together. Japan [A television correspondent from Japan asked about U.S. requirements for continuation of trade negotiations with Japan.]
Source
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