For Immediate Release
Office of the Press Secretary
October 16, 2002

Joint Statement Between the United States of America and Israel

As part of the effort to further Palestinian reform, the President of the United States and the Prime Minister of Israel agreed that the Government of Israel would consider favorably the gradual return and scheduled transfer of all PA tax funds collected by Israel on the unequivocal condition that there would be full U.S.-led monitoring to ensure that these funds will only be used for the economic and civil activities of the Palestinian community and to prevent the use of these funds for terrorist activity of any kind.

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