Beirut/Jerusalem: Lebanon And Israel They have a historic agreement demarcating a disputed maritime boundary, Israel’s Prime Minister yair lapidy said on Tuesday.
In a limited scope, an agreement would be a significant agreement between states with a history of war, opening the way to offshore energy exploration and reducing the source of recent tensions between the states.
“This is a historic achievement that will strengthen Israel’s security, invest billions in the Israeli economy and ensure the stability of our northern border,” Lapid said in a statement.
Lebanese President Michel had previously stated that the terms of the final draft received from US envoy Amos hochstein Lebanon is satisfied and expects the deal to be announced as soon as possible, the presidency said in a statement seen by Reuters.
Israel’s National Security Advisor Iyal Hulta Positive assessment was given earlier also:
“All our demands were met, the changes we asked for were corrected. We protected Israel’s security interests and are moving towards a historic settlement,” he said in a statement.
Hochstein is closing in between parties that have no diplomatic ties.
The heavily armed, Iran-backed Lebanese group Hezbollah has not commented on the details of the proposals during indirect talks, but has said it would agree with the Lebanese government’s position.
hezbollah leader Syed Hasan Nasrallah, whose group has fought several wars with Israel, has also warned repeatedly if the deal does not secure Lebanon’s maritime rights. Nasrallah is due to address later on Tuesday.
Earlier, Lebanese negotiator Elias Bou Saab told Reuters that if all goes well, Hochstein’s “efforts could lead to a historic settlement”.
Lebanon felt that the latest draft “takes into account all the requirements of Lebanon and we believe that the other side should feel the same”, he said.
While Israel has moved forward with production and exports, Lebanon’s efforts have been hindered by political dysfunction.
A gas discovery would be a huge boon for Lebanon, which has been mired in financial trouble since 2019. Eventually, such a discovery could fix Lebanon’s long-standing failure to produce enough electricity for its population.
In a limited scope, an agreement would be a significant agreement between states with a history of war, opening the way to offshore energy exploration and reducing the source of recent tensions between the states.
“This is a historic achievement that will strengthen Israel’s security, invest billions in the Israeli economy and ensure the stability of our northern border,” Lapid said in a statement.
Lebanese President Michel had previously stated that the terms of the final draft received from US envoy Amos hochstein Lebanon is satisfied and expects the deal to be announced as soon as possible, the presidency said in a statement seen by Reuters.
Israel’s National Security Advisor Iyal Hulta Positive assessment was given earlier also:
“All our demands were met, the changes we asked for were corrected. We protected Israel’s security interests and are moving towards a historic settlement,” he said in a statement.
Hochstein is closing in between parties that have no diplomatic ties.
The heavily armed, Iran-backed Lebanese group Hezbollah has not commented on the details of the proposals during indirect talks, but has said it would agree with the Lebanese government’s position.
hezbollah leader Syed Hasan Nasrallah, whose group has fought several wars with Israel, has also warned repeatedly if the deal does not secure Lebanon’s maritime rights. Nasrallah is due to address later on Tuesday.
Earlier, Lebanese negotiator Elias Bou Saab told Reuters that if all goes well, Hochstein’s “efforts could lead to a historic settlement”.
Lebanon felt that the latest draft “takes into account all the requirements of Lebanon and we believe that the other side should feel the same”, he said.
While Israel has moved forward with production and exports, Lebanon’s efforts have been hindered by political dysfunction.
A gas discovery would be a huge boon for Lebanon, which has been mired in financial trouble since 2019. Eventually, such a discovery could fix Lebanon’s long-standing failure to produce enough electricity for its population.