RAMALLAH, June 4 (Xinhua) -- Palestine on Thursday said it would not make political concessions in exchange for Israel's releasing the withheld Palestinian tax revenues.

"The tax revenues collected by Israel are our right, but Israel wants to trade money for politics," Palestinian Prime Minister Mohammad Ishtaye told British Minister of State in the Foreign and Commonwealth Office James Cleverly during a video conference.

"We will not allow the trade of our political and national positions for our money, and to return to security coordination," Ishtaye was quoted as saying in a press statement released by his office.

On Wednesday, the Palestinian Authority said it refused to receive the tax revenue dues from Israel, based on its decision to suspend all agreements with Israel and Israel's deduction of the amount equal to those paid by the Palestinians to the families of those killed or imprisoned by Israel.

Ishtaye warned that the Israeli annexation plan would "completely devastate the Palestinian statehood project," while urging the United Kingdom to take a serious position against the Israeli plan to annex parts of the West Bank.

"We have worked with the international community for long years to establish an independent Palestinian state with geographical contiguity on the borders of 1967 with East Jerusalem as its capital, but now this project is falling apart," he noted.

Cleverly was quoted as saying that his country will not support Israel's annexation move because it will make the realization of the two states' solution more complicated. Enditem

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