What Happened: Bahrain will host a U.S.-led summit on June 25-26 to potentially unveil economic aspects of Washington's regional peace plan for Israel and the Palestinian territories, The National reported May 20.
Why It Matters: Bahrain has been attempting to demonstrate its role as a strategic interlocutor for Israeli-Palestinian rapprochement and an advocate of relations between Arab states and Israel.
Background: Rumors suggest that economic aspects of a U.S. peace plan would include massive investments for the Palestinian Territories by other Arab nations, although few details have emerged.
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