Trump has touted the coming plan as the "deal of the century", but Palestinian officials have rebuked the US effort, which they believe will be heavily biased in favor of Israel.
In a Sunday statement, the White House said the meeting would bring together "government, civil society and business leaders to share ideas, discuss strategies and galvanize support for potential economic investments and initiatives that could be made possible by a [Palestine-Israel] peace agreement".
Palestinian officials will not attend a US-led conference in Bahrain next month created to draw investment to the West Bank and Gaza Strip, a Palestinian cabinet minister said on Monday.
One day after the Trump administration presented plans for an financial summit that might maybe kick-open its long-awaited Center East peace conception, the project is already going thru a barrage of criticism, questions and rejections.
Trump and Kushner have mostly followed an agenda, which prioritises economic argument over political causes. Over 400,000 Jews live in West Bank settlements.
Nabil Abu Rdeneh, a spokesperson to Palestine's Mahmoud Abas, said that there will be no genuine peace discussions if the political aspect of the conflict is not given the spotlight it deserves.
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According to the White House, next month's scheduled meeting in Manama is aimed at attracting investment to the region within the context of the proposed US peace plan.
Bahrain hosts the U.S. Navy's Fifth Fleet and is a close ally of Saudi Arabia and the United Arab Emirates, which are widely believed to be seeking closer ties to Israel, viewing it as a potential ally against Iran, a shared enemy.
The second official said the workshop will focus only on the economic plan "to show that you can't have peace without economic stability and opportunity, but you also can't have economic opportunity and stability without peace and free of terror and resolving some of these core issues".
Erekat complained that the Trump administration did consult the Palestinian leadership about the "reported workshop-neither over the content, nor the outcome, nor timing".
Kushner is calling the event a "workshop" rather than a summit, the first official said, because he is relying on feedback to the proposal from the many speakers and other participants invited, including from the Palestinian territories.
But the senior USA official said several Palestinian business leaders "have shown a lot of interest" in the conference.
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Since then, the administration has cut abet instruct funding to the Palestinians, along with to the United Worldwide locations Reduction and Works Company for Palestine Refugees, and closed the Palestinian diplomatic space of enterprise in Washington and the USA consulate overall in Jerusalem, which acted as a de facto embassy to the Palestinians.
Amid the controversy, Shtayyeh reiterated Palestinians' core demands for a two-state peace deal with Israel, which include gaining full control of the occupied West Bank and Hamas-ruled Gaza, as well as occupied East Jerusalem - territories captured by Israel in the 1967 war.
Trump closed the Palestinian diplomatic mission in Washington, saying the Palestinians refused to engage in peace talks with Israel. They also seek the right of refugees to return to the lands and the recognition of east Jerusalem as the capital of an independent Palestine.
The Palestinian Authority is facing steep aid cuts.
The Palestinians have already said they would reject any peace plan offered by the United States, saying Trump is unfairly biased toward Israel.
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