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Iran Renders $120 Million Of Aid To Palestine

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  • Iran Renders $120 Million Of Aid To Palestine

    IRAN RENDERS $120 MILLION OF AID TO PALESTINE
    By Petros Keshishian

    AZG Armenian Daily
    21/11/2006

    The government of Palestine received $120 million of aid from
    Iran. Mahmoud al Zahari, foreign minister of Palestine, told Haaretz
    Israeli newspaper on November 16.

    According to him, Iran promised to continue rendering financial aid
    to Palestine. In April 2006, Tehran promised $50 million of financial
    aid to Palestine to compensate the losses that this country suffered
    as a result of the cease of assistance from the West.

    USA and EU ceased rendering assistance to Palestine in the beginning
    of this year after the victory of Hamas in the parliamentary elections,
    as Hamas doesn't recognize the right of Israel's existence.
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