Essay from the year 2024 in the subject Politics - International Politics and Country Analyses, , language: English, abstract: This note presents key-aspects of the so-called 1994 Paris Protocol/Oslo II Accord, which defines the economic status of Palestine and its trade relations with Israel and the rest of the world. Specifically, from a comparative perspective, it discusses the actual tariff schedule, as summarized by the WTO, and its implications for the economic and social development of Palestine - from that perspective, there should be negotiations between Israel and Palestine to revise the Protocol and adopt a development conducive trade regime. It also proposes a basic framework that could help prepare negotiations on trade matters between the parties - Israel and Palestine.