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Saudi minister says Kushner's plan could succeed if there is "hope of peace"

MANAMA, June 26 (Reuters) - Saudi Arabia's minister of state said that an economic plan presented by White House senior adviser Jared Kushner for the Palestinian territories could succeed since it includes private sector and if "there is hope of peace".

I truly believe it can be done if people do believe that it can be done, " Mohammed Al-Sheikh said at an economic summit in Bahrain to encourage investment in the Palestinian Territories.

"And the way to make the people on the ground believe is give them hope that this will be sustainable, that this will be everlasting and that ultimately there will be prosperity and there will be sustained development, Al-Sheikh added. (Reporting By Matt Spetalnick and Nafisa Eltahir in Dubai, writing by Aziz El Yaakoubi; Editing by Toby Chopra)