News Karnataka
Wednesday, April 17 2024

Tel Aviv: Israel approves deal setting maritime boundary with Lebanon

Photo Credit : IANS

Tel Aviv: The Israeli government on Thursday approved a maritime demarcation deal with Lebanon, setting for the first time a border between the two countries, which have been in an official state of war since 1948.

The “historic” agreement would strengthen Israel’s security and economy, Prime Minister Yair Lapid told a government meeting, adding that 17 per cent of the profits from Lebanon’s Qana natural gas field in the disputed area would be shared with the Jewish state, reports Xinhua news agency.

Earlier in the day, Lebanese President Michel Aoun signed a letter approving the deal.

The deal, first announced on October 11, lays out a demarcation line between the two countries in the disputed zone in the eastern Mediterranean, where several natural gas fields are located.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp