From The Palestine News Network-The Holy Land Christian Ecumenical Foundation's (HCEF) said in a press release that the main goal of its 14th International Conference and 3rd Business and Investment Conference in Palestine, which was held in November 9-10, 2012, was to promote and identify investment and business opportunities in Palestine. In addition to, encourage the Western Churches and their financial and economic institutions to do positive investment in Palestine for peace.
Mr. N. Kurt Barnes, Treasurer and Chief Financial Officer of the Episcopal Church, attended HCEF's 3rd Business and Investment Conference where he was introduced and met with represantatives of Bank of Palestine. As a result, Mr. Barnes announced the decision of the Episcopal Church Economic Justice Loan Committee (EJLC) of the Executive Council to purchase a three-year certificate of deposit for $500,000.00 in the Bank of Palestine as part of its economic justice portfolio.
Presiding Bishop of the Episcopal Church, Katharine Jefferts Schori said, "I am delighted that The Episcopal Church has now made a positive investment in the Palestinian economy, an action which we have encouraged for some time. This is a tangible evidence of our commitment to a healthy economy in the Palestinian territories as a necessary instrument to building a lasting peace."
http://english.pnn.ps/index.php/national/4542-episcopal-church-makes-positive-investment-in-the-palestinian-economy
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