News  Sources

Voluntary liquidation of Hamas assets in Turkey is seed money for removal of Gaza rubble

image sourced from original article at https://www.israelnationalnews.com/news/419258

A new proposal outlines a voluntary plan for Hamas to liquidate its assets in Turkey, estimated at $200-300 million, and use the proceeds as seed funding for clearing rubble in Gaza. The plan avoids criminal proceedings or terrorism designations by relying on standard Turkish commercial and financial procedures, requiring only a final political authorization for the transfer. The funds would be placed in an international trust, enabling the issuance of a $1-1.5 billion Gaza Recovery Bond, with initial debt service covered by Gulf states and future payments sustained by recycling Gaza's rubble and carbon credits. This approach aims to ensure a transparent, auditable, and politically viable process that could begin within months, provided Hamas commits to disarmament and voluntary dissolution of its Turkish holdings.

Original article source: https://www.israelnationalnews.com/news/419258
Source Id: 8999961214

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox