Lebanon and Israel have reached a historic agreement demarcating a disputed maritime border between them following years of US-mediated negotiations, Israeli Prime Minister Yair Lapid has said.
While limited in scope, a deal would mark a significant compromise between states with a history of war and hostility, opening the way for offshore energy exploration and easing a source of recent tensions.
“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 in a statement yesterday.
In Lebanon, President Michel Aoun said the terms of the final US proposal were satisfactory and he hoped the deal would be announced as soon as possible.
He received a congratulatory call from US President Joe Biden, who told him the US stood by Lebanon as it sought to strengthen the economy through possible gas wealth, Auon’s office said.