Palestinian President Mahmoud Abbas and US assistant Secretary of State David Welch met today to talk about the economic targets for the Gaza Strip. The US is offering around 65 million euros towards rebuilding work and basic necessities such as water. In return Abbas is pledging to work with Bush. The Palestinian President said: “We will reach President Bush’s vision of establishing a Palestinian State side by side with Israel, living in peace and stability.”While the talks took place today, Israeli bulldozers started demolishing homes in northern Gaza. The Palestinians have said that they don’t want the buildings because they aim to redevelop the area for business and agricultural purposes. Nor would the expelled Israeli settlers have accepted seeing their houses occupied by Palestinians – which the Israeli government was sensitive to. However the rubble will not be removed by the Israelis and some of it will be re-used by the Palestinians for rebuilding.