non-contiguous territory comprising approximately 11% of the West Bank (known as Area A) which remains subject to Israeli incursions. Area B (approximately 28%) is subject to joint Israeli-Palestinian military and Palestinian civil control. Area C (approximately 61%) is under full Israeli control. Though 164 nations refer to the West Bank, including East Jerusalem, as "Occupied Palestinian Territory", the state of Israel quotes the UN that only territories captured in war from "an established and recognized sovereign" are considered occupied territories. After the 2007 split between Fatah and Hamas, the West Bank areas under Palestinian control are an exclusive part of the Palestinian Authority, while the Gaza Strip is ruled by Hamas. Early economic impact The Jordanians neglected to invest much in the area during their time governing the area, although there was some investment in the immediate vicinity of Jerusalem. Soon after the 1967 war, Yigal Allon produced the Allon Plan, which would have annexed a strip along the Jordan River valley and excluded areas closer to the pre-1967 border, which had a high density of Palestinians. Moshe Dayan proposed a plan which Gershom Gorenberg likens to a "photo negative of Allon's." The Allon plan evolved over a period of time to include more territory. The final draft dating from 1970 would have annexed about half of the West Bank. Israel had no overall approach for integrating the West Bank: The early occupation set severe limits on public investment and comprehensive development programmes in the territories. British and Arab commercial banks operating in the West Bank were closed down soon after Israel assumed power there. Bank Leumi then opened nine branches, without successfully replacing the earlier system. Farmers could get loans, but Palestinian businessmen avoided taking out loans from them since they charged 9% compared to 5% interest in Jordan. By June 1967, only a third of West Bank land had been registered under Jordan's Settlement of Disputes over Land and Water Law and in 1968 Israel moved to cancel the possibility of registering one's title with the Jordanian Land Register. Ian Lustick states that Israel "virtually prevented" Palestinian investment in local industry and agriculture. At the same time, Israel encouraged Arab labour to enter into Israel's economy, and regarded them as a new, expanded and protected market for Israeli exports. Limited export of Palestinian goods to Israel was allowed. Expropriation of prime agricultural land in an economy where two