He said that the Palestinians will present the case in various international platforms, while undermining Israeli threats which he described as "fragile."

The Paris protocol is an economic treaty reached in 1995 between Israel and the Palestinians, whereby Israel collects the taxes from the Palestinian trade and pays it back to the PA.

The Palestinians reached an agreement with Israel this August to release the fuel taxes that Israel collects on behalf of the PA, which was seen as a serious step toward disengagement.

Economist Jafar Sadaqa said that the agreement has allowed Israel to release some 2 billion shekels (566 million U.S. dollars) of withheld Palestinian tax revenues, noting that this is the largest resources in the Palestinian treasury.

He said that overriding the Israeli imposed taxation mechanism may lead to an essential change that could allow actual economic disengagement.

The PA's economic disengagement plan has come in light of a severe financial crisis after Israel decided in February to cut off 12 million dollars monthly from the tax revenue dues that Israel deems the PA pays to the families of those who have been killed or imprisoned by Israel for carrying out anti-Israel "terrorist acts."

Earlier this month, the PA accepted a payment of the tax revenues, saying that it is still in negotiations over the deducted parts.

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