In Response to UN Vote, Israel Unlikely to Rescind Economic Accords With PA

In advance of the vote at the UN, Israeli officials discussed offsetting debts owed to Israeli institutions from the funds that Israel collects on the PA's behalf.

As it weighs the legal implications of last week's UN General Assembly vote which recognized Palestine as a nonmember observer state, the Israeli government is not expected to rescind the economic accords that govern relations with the Palestinian Authority.