Lebanon, Israel set to approve maritime border deal | Inquirer News

Lebanon, Israel set to approve maritime border deal

/ 03:06 PM October 27, 2022

FILE PHOTO: Fishermen catch fish in Naqoura

Fishermen catch fish, in Naqoura, near the Lebanese-Israeli border, southern Lebanon, October 11, 2022. REUTERS/Aziz Taher/File Photo

BAABDA/JERUSALEM — Lebanon and Israel were set on Thursday to give final approval to a US-brokered deal outlining their maritime border, a diplomatic departure from decades of hostility and a possible opening to offshore energy exploration.

The deal — hailed by all three parties as a historic achievement — is to be signed separately by top officials in Lebanon and in Jerusalem by Israeli Prime Minister Yair Lapid following approval by his cabinet.

ADVERTISEMENT

The negotiators will then gather in the United Nations peacekeeping base in Naqoura along with the US team.

FEATURED STORIES

There, the United States will officially announce the deal as coming into force and Lebanon and Israel, which are still technically in a state of war, will submit their new border coordinates to the UN.

An unprecedented compromise between the enemy states, the deal opens the way for offshore energy exploration and defuses one source of potential conflict between Israel and Iranian-backed Lebanese group Hezbollah and could alleviate Lebanon’s economic crisis.

An offshore energy discovery — while not enough on its own to resolve Lebanon’s deep economic problems — would be a major boon, providing badly needed hard currency and possibly one day easing crippling blackouts.

RELATED STORY:

Israeli court gives Lebanon maritime deal a green light

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: deal, Jerusalem, Lebanon, United States

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.