DONALD Trump's peace plan for the Middle East includes an offer of $50bn for the Palestinians to give up Jerusalem.
The president unveiled the long-awaited plan alongside Israeli prime minister Benjamin Netanyahu during an event at the White House yesterday.
Palestinian leaders were not invited to the event.
The plan proposes that Jerusalem would “remain Israel’s undivided capital” and that the Palestinians would get a new capital in a suburb of “eastern Jerusalem”.
It would also see Israel annex the Jordan Valley, which forms much of the border between Jordan to the east and Israel and the West Bank the west.
The Valley has been partly occupied by Israel, along with the rest of the West Bank, since the Six-Day War in 1967.
In return, the Palestinians would receive $50 billion of investment in a new state.
The state would include the Gaza Strip and 80 percent of the West Bank, with the shortfall being made up by empty desert territory along Israel's current border with Egypt to its west.
Some of the investment money would be spent on a high-speed rail link connecting the West Bank to the Gaza Strip and a tunnel connecting the Gaza Strip to the desert territories.
'TIME FOR PEACE!'
The plan was drafted under the stewardship of Trump's son-in-law, investor and real estate developer Jared Kushner.
Tweeting a map of the proposed boundaries Trump wrote: "I will always stand with the State of Israel and the Jewish people.
"I strongly support their safety and security and their right to live within their historical homeland.
"It's time for peace!"
He also said the plan was a “win-win opportunity for both sides”, but thousands took the streets in Gaza to protest, while the Israeli military deployed extra forces in the occupied West Bank.
'JERUSALEM IS NOT FOR SALE'
Palestinian president Mahmoud Abbas said: "After the nonsense that we heard today we say a thousand noes to the ‘deal of the century’.
"Jerusalem is not for sale, our rights are not for sale.
“This conspiracy deal will not pass.
"Our people will take it to the dustbin of history."
Control of Jerusalem is so fought over because the centre of the city contains both the Al-Aqsa mosque, the third holiest site in Islam, and the Western Wall, part of the holiest site in Judaism.
In 2018, the president announced that he would fulfil an earlier pledge to move the US embassy in Israel from Tel Aviv to Jerusalem.
The new embassy opened in May of that year.
Tuesday's announcement came as both the president and prime minister face political turbulence at home.
In Washington, the Senate impeachment trial of Trump on charges of misuse of public office continues, while Netanyahu was this week formally indicted for corruption after failing to gain enough votes in Israel's parliament to secure immunity.
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