Egypt welcomes Lebanese-Israeli maritime demarcation deal-Xinhua

Egypt welcomes Lebanese-Israeli maritime demarcation deal

Source: Xinhua

Editor: huaxia

2022-10-13 00:39:45

CAIRO, Oct. 12 (Xinhua) -- Egypt welcomed on Wednesday a deal reached by Lebanon and Israel to demarcate their maritime border.

A statement from the Egyptian Foreign Ministry said the deal will "enable Lebanon to benefit from its resources," to improve its economic conditions, hoping the new move will strengthen cooperation in the Mediterranean region.

The statement also renewed Egypt's full support for the stability and sovereignty of Lebanon.

On Tuesday, Israeli and Lebanese leaders announced that the final version of the proposal to demarcate their maritime border had been reached.

The negotiations on maritime border demarcation between the two sides were launched in 2020 under the auspices of the United Nations and the mediation of the United states. The talks stopped in May 2021 due to differences between the two sides over the disputed area.

The years-long dispute involves an area in the Eastern Mediterranean where at least two natural gas fields are located, the Israeli-developed Karish gas field and Qana, a smaller gas field that has yet to be explored.