Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-13-Speech-2-174"
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"en.20070213.17.2-174"2
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"Question no 43 by Rodi Kratsa-Tsagaropoulou ()
On 10 December representatives of Jordan, Israel, the Palestinian Authority and the World Bank examined a feasibility study on the construction of the ‘Peace’ or ‘Two Seas’ canal, which would run 180 kms from the Red Sea to the Dead Sea. The economic significance (irrigation of the Negev desert, supplying hydroelectric plants and desalination plants, providing one billion cubic metres of potable water annually), the diplomatic significance (dialogue and cooperation between Israel, the Palestinian Authority and Jordan) and the environmental significance (tackling the danger of the drying out of the Dead Sea by 2050) of this enterprise are enormous.
The overall cost is calculated at US$ 15.5 million which have been committed by the World Bank.
Given that the construction of this canal is important from many points of view, will the Commission contribute to the implementation (planning and financing) of this ambitious project within the framework of Euro-Mediterranean cooperation? If not, does it intend to make a financial contribution to the next stage during which US$ 3 billion will be spent on completing the project over the next five years? Could the European Investment Bank be used also as an investment instrument to ensure the necessary funding?"@en1
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"Subject: The peace canal in the Middle East"1
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