JERUSALEM: Israel and Lebanon have reached “a historic agreement” on their maritime border, Israeli Prime Minister Yair Lapid said on Tuesday.
“This is a historic achievement that will strengthen Israel’s security, inject billions into Israel’s economy, and ensure the stability of our northern border,” Lapid said.
The deal will be brought before his security cabinet and government on Wednesday for their approval before it is reviewed by parliament, Lapid said in a statement.
The talks had been mediated by US envoy Amos Hochstein, who sought to settle longstanding claims by offering a preliminary set of proposed ultimate phrases for Israel and Lebanon earlier this month.
Regional experts believe any settlement between the two neighboring international locations, who’re technically nonetheless at the battle, might characterize a significant step towards unleashing offshore fuel manufacturing for each international location.
