(Bloomberg) -- Indonesia could unlock billions of dollars in additional U.S. financing if it joins President Donald Trump’s push for Muslim countries to establish relations with Israel, according to a U.S. official. The U.S. also hopes Oman and Saudi Arabia will join, although Boehler said DFC funding to those two countries would be restricted because the organization isn’t allowed to invest directly in higher-income states. Countering ChinaBoehler was in Israel as part of a delegation with Trump’s son-in-law and senior adviser Jared Kushner. As part of the normalization deals, Boehler helped establish a $3 billion joint Israeli-Emirati-U.S. fund based in Jerusalem to invest regionally. It’s “an interesting area, and it’s a market that the United States themselves don’t play in a lot of times,” Boehler said.

Source: The North Africa Journal December 22, 2020 06:45 UTC