Economic Cooperation Foundation (ECF) was founded by Dr. Yair Hirschfeld (the initiator of the Oslo Peace Process) and former Minister of Justice Dr. Yossi Beilin at the end of 1990, as a non-profit, non-governmental track II think tank based in Tel Aviv. Its objectives are to build, maintain and support Israeli-Palestinian and Israeli-Arab cooperation in the political, economic, and civil society spheres, thus encouraging the creation of a sustainable Permanent Status based on a 2-state solution.