Israeli Prime Minister on Sunday welcomes U.S. proposal for setting the maritime border with Lebanon, saying the American plan for resolving a long-running dispute between the neighboring countries would lift Israel’s economy and boost regional security.
Prime Minister Yair Lapid said the proposal was delivered over the weekend to both Israel and Lebanon. While he said it was still being studied, he said the plan would strengthen Israel’s northern areas near the Lebanese border, allow Israel to produce additional natural gas and deliver new revenues to the national coffers.
“This is a deal that strengthens Israel’s security and Israel’s economy,” Lapid told his Cabinet.
He also said Israel would not oppose the development of “an additional Lebanese gas field” straddling the maritime border, as long as Israel receives “the share we deserve.” He said this would weaken Lebanon’s dependence on Iran, restrain the Hezbollah militant group and promote regional stability.
He said the deal was being reviewed by legal and defense officials before it is to be voted upon by the government. Israeli media said a vote could take place Thursday.
On Saturday, the proposal was also delivered to Lebanese leaders.