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<p>We welcome US efforts to support the development of the Palestinian economy. It
is important that economic discussions complement a political process, which is ultimately
required to unlock lasting and sustainable economic growth for Palestinians and overdue
peace in the region. A peace deal and the lifting of access and movement restrictions
would generate the ultimate economic dividend not only for the Occupied Palestinian
Territories but also for Israel, Jordan, Egypt and the wider region. The UK's longstanding
position on the Middle East Peace Process remains that we support a negotiated settlement
leading to a two-state solution based on 1967 borders, with Jerusalem as the shared
capital of both states.</p>
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