1. Wide of Palestinian foreign minister Riad Malki and Australian Foreign minister Bob Carr shaking hands, zoom in
2. Mid of Malki, Carr and delegates entering building
3. Wide of meeting between Malki and Carr
4. Various of meeting
5. Wide of Malki and Carr coming out of the room
6. SOUNDBITE (English) Bob Carr, Australian Foreign minister:
"At a time when the Palestinian Authority is facing a serious fiscal crisis, I am pleased that Australia is one of the few donors who support its increase significantly in recent years. We are committed to providing over 300 million dollars in support over five years. Of this, 120 million will go direct to the Palestinian Authority to strengthen institutions in preparation for statehood. We see this as a serious investment in the peace process."
Australian foreign minister Bob Carr met his Palestinian counterpart Riad Malki on Monday in Ramallah and announced Australia's commitment to help prepare the Palestinian Authority for statehood.
"We are committed to providing over 300 (m) million (Australian) dollars in support over five years. Of this, 120 (m) million (Australian) will go direct to the Palestinian Authority to strengthen institutions in preparation for statehood. We see this as a serious investment in the peace process," said Carr at a joint news conference.
The meeting was held as part of Carr's visit to the Middle East.
During his visit, Carr also met Israeli Prime minister Benjamin Netanyahu and Israeli President Shimon Peres.
Carr is also expected to meet with Palestinian prime Minister Salam Fayyad and Palestinian president Mahmoud Abbas later in the day.
Carr was premier of New South Wales until 2005, but was called out of retirement to serve as foreign minister under Prime Minister Julia Gillard in March.