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Egypt welcomes maritime border deal between Lebanon, Israel

October 12, 2022
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Home Egypt

Egypt welcomes maritime border deal between Lebanon, Israel

by Gazette Staff
October 12, 2022
in Egypt, World
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Egypt has welcomed a maritime border deal reached by Lebanon and Israel on Tuesday.

A statement issued by the Foreign Ministry on Wednesday expressed hope that the agreement would enable Lebanon to benefit from its resources to improve economic conditions and strengthen co-operation in the Mediterranean region.

The statement voiced Egypt’s unwavering support for the stability and sovereignty of Lebanon to meet the aspirations of the brotherly Lebanese people.

According to the deal, Israel and Lebanon agreed to establish a permanent maritime border between them.

The deal would allow the neighbours, which remain formally at war, to exploit natural gas fields under the Mediterranean Sea.

Israel’s Prime Minister Yair Lapid said it would strengthen its security and inject billions into its economy.

Lebanese President Michel Aoun described the terms as “satisfactory”.

Tags: DealEgyptIsraelLebanonTop_NewsWelcomes

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