EU warns Israel, Palestinians of the cost of peace failure


  • World
  • Thursday, 23 Jan 2014

JERUSALEM (Reuters) - Both sides of Israeli-Palestinian peace talks risk paying a high price in losing European Union trade and aid if negotiations collapse, the EU ambassador to Israel said on Wednesday.

For long seen as a "payer not a player" in the region, the European Union has started making clear that its role as Israel's biggest trade partner and the Palestinians' largest donor should not be taken for granted.

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