Israel says ‘historic’ sea border deal struck with Lebanon

Israel’s Prime Minister stated on October 11, 2022 that the nation has reached an “historic settlement” with neighbouring Lebanon over their shared maritime border after months of U.S.-brokered negotiations.

Premier Yair Lapid known as the deal an “historic achievement that may strengthen Israel’s safety, inject billions into Israel’s financial system, and make sure the stability of our northern border.”

The settlement is anticipated to allow further pure fuel manufacturing within the Mediterranean. Lebanon hopes fuel exploration will assist carry its nation out of its spiraling financial disaster.

Lebanon and Israel have been formally at struggle since Israel’s creation in 1948 and each nations declare some 860 sq. kilometers (330 sq. miles) of the Mediterranean Sea.

By- The Hindu

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