Israeli Radio (Kol Israel) has reported, Tuesday [June 2 2012] that the Israeli Finance Minister, Yair Lapid, held a meeting with his Palestinian counterpart, Shokry Bishara, in order to ensure the resumption of economic talks between Israel and the Palestinian Authority in the West Bank.Israeli Tax Department official, Moshe Asher, and his Palestinian counterpart, Yousef Az-Zamr, also participated in the meeting.

The Radio said that the two Ministers held a similar meeting, a few weeks ago, and decided to hold further meetings to ensure economic cooperation.

Sources at the Israeli Finance Ministry said that the recent meeting aimed at renewing economic cooperation between the two sides.

The Israeli Radio said that the two sides agreed, during Tuesday’s meeting, to form a joint task team that convenes once every two weeks.