Israel to seek $250bil in compensation from Arab, Muslim countries

The estimate was released in anticipation of the announcement of the Trump administration’s long-awaited peace plan, according to the report.

Israel is planning to seek some $250 billion in compensation from seven Arab or Muslim countries for property left behind by Jews who were forced to flee their homes in 1948 when Israel was established.

Speaking Saturday on Hadashot Israeli News, Israel’s Minister for Social Equality, Gila Gamliel, said that “the time has come to correct the historic injustice” against the Jews in Libya, Tunisia, Morocco, Iraq, Syria, Egypt, Yemen and Iran — countries from which Jews were expelled.

Gamliel told Hadashot that she will coordinate efforts to obtain retribution.

Israel released an official estimate of the value of Jewish property lost when Jewish communities left these countries: $250 billion. Of this sum, $35 billion is from Tunisia and another $15 billion is from Libya. The details of the amounts from other countries will be released soon, according to the report.

The estimate was released in anticipation of the announcement of the Trump administration’s long-awaited peace plan, according to the report, although it was announced Sunday by U.S. Ambassador to Israel, David Friedman, that the peace plan will only be revealed in “several months.”

Israel is expected to demand compensation for Jewish property left in Arab and Muslim countries as a condition to a regional peace deal, based on 2010 Israeli law that states any peace deal with Arab countries or Iran is contingent on individual Jews and/or Jewish communities receiving compensation for what they lost in 1948.

Secret valuations of Jewish property in Morocco, Iraq, Syria, Egypt, Iran and Yemen have been conducted over the past year and a half, the report said.

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