Due to inconsistencies importing and exporting goods from Palestinian controlled areas because of Israeli control of the border, a conglomeration of U.S. and Palestinian institutions established an insurance project for Palestinian companies to mitigate loss. The Palestinian Political Risk Insurance project provides certain companies with economic security programs in the event that border closures and violence result in unexpected losses. These companies would adhere to specific supply chain procedures to ensure stability in the region. Even though many Palestinian businesses struggle during in the global economic downturn an unstable political climate, analyst for Middle East Progress Ian Bomberg believes that the Palestinian economy will still thrive. He wrote,
“Yet we also witnessed the great lengths Palestinian businesses will go to survive in a difficult economic environment and the possibility of progress if it is pursued in an integrated fashion. PPRI is one piece in this larger puzzle, which, put together correctly, will lead to a viable Palestinian state living side-by-side in peace and security with Israel.”
