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Article

26 May 2013

Author:
Ben Flanagan, Al Arabiya

Palestinian, Israeli business leaders unite to lobby for peace

A group of more than 200 Arab and Israeli business leaders has united to lobby for peace after decades of conflict. Members of the Breaking the Impasse Initiative (BTI) said they would throw their support behind political leaders on both sides, in pushing for a two-state solution. They made their announcement today at the World Economic Forum in Jordan…The initiative was launched jointly by Munib Masri, chairman of PADICO Holding, and Yossi Vardi, chairman of International Technologies Ventures. “We were able to gather hundreds of business people... from the left, from the right, religious, secular,” said Vardi. “We would like to encourage the leaders [in] resolving this conflict.”…Palestinian members of the BTI include Riad Kamal, founder of Arabtec construction firm, and Zahi Khouri, chief executive of the Palestinian National Beverage Company. Israeli members include Mooly Eden, the president of Intel Israel, and Yadin Kaufman, partner of the Middle East Venture Fund.