World Bulletin/News Desk
Palestine has welcomed the European Union's decision to cut funds to Israeli settlements in the occupied Palestinian territories in the face of Israel's persistent refusal to halt settlement construction.
The move is aimed at preventing any "grants, prizes and financial instruments funded by the EU" in the West Bank and east Jerusalem territories captured by Israel in 1967 if Israel does not guarantee that they will stop the settlements.
Palestine's Economy Minister Jawad al-Naji told the Anadolu Agency it was "a brave step" taken by the EU, which would help Palestine's cause to set up establish their own state.
Secretary General of Palestinian National Initiative Mustafa Barghouthi said the EU's decision was a significant move in the EU's relations with Palestinian people and it imposed restrictions on Israeli settlement units.
Israel's Prime Minister Benjamin Netanyahu raised objection to the decision saying, "we will not accept any external imposition about our borders," while an Israeli official described the decision as "an earthquake".Güncelleme Tarihi: 17 Temmuz 2013, 17:03