(Communicated by the IDF Spokesperson)

The Palestinian Authority (PA) has invited approximately 700 investors from around the world, as well as from Israel and the PA itself, to an investor’s conference in Nablus. The conference began yesterday, Friday, November 21, 2008 and is scheduled to end on Sunday, November 23.

As a part of the cooperation between the organizers of the event and the Israeli Civil Administration, a joint situation room was set up and will be operational throughout the conference. PA and Israeli officials in the situation room will work together in order to solve any issues that arise during the conference.

The Israeli Civil Administration has also issued individual permits to conference participants, as was done during the Bethlehem investor conference in May. The permits allow the participants to travel more freely around PA territories and Israel during the conference.

Security Forces in the region have been notified and briefed about the event. The Civil Administration will increase the presence of its personnel at the Allenby Bridge Crossing and throughout Judea and Samaria, in order to ensure the success of the conference.

Lt. Col. Dacse Salame, Head of the Civil Administration Economics Branch, said: "The PA has made serious preparations for the conference, and we, the Israeli side, will do our utmost to ensure a smooth and successful event. The financial benefit that the conference should provide for the Palestinian economy led us to set up a joint situation room, which will be able to solve any problem around the clock."