Joint Statement Between the United States of America and Israel
following meeting between President George Bush
and Prime Minister Ariel Sharon

October 16, 2002
[Information Department, Israel Foreign Ministry - Jerusalem]
(as published by the White House)

As part of the effort to further Palestinian reform, the President of
the United States and the Prime Minister of Israel agreed that the
Government of Israel would consider favorably the gradual return and
scheduled transfer of all PA tax funds collected by Israel on the
unequivocal condition that there would be full U.S.-led monitoring to
ensure that these funds will only be used for the economic and civil
activities of the Palestinian community and to prevent the use of
these funds for terrorist activity of any kind.