"I call on the Arab countries to cooperate with the Palestinians and with us to advance an economic peace. An economic peace is not a substitute for a political peace, but an important element to achieving it. Together, we can undertake projects to overcome the scarcities of our region, like water desalination, or to maximize its advantages, like developing solar energy, laying gas and petroleum lines, and establishing transportation links between Asia, Africa and Europe.

The economic success of the Gulf States has impressed us all and it has impressed me. I call on the talented entrepreneurs of the Arab world to come and invest here and to assist the Palestinians – and us – in spurring the economy.

Together we can develop industrial areas that will generate thousands of jobs and develop tourist sites that will attract millions of visitors eager to walk in the footsteps of history – in Nazareth and in Bethlehem, around the walls of Jericho and the walls of Jerusalem, on the banks of the Sea of Galilee and the baptismal site on the banks of the Jordan.

There is an enormous potential for archeological tourism, if we can only learn to cooperate to realize it."