Israel, Lebanon agree to sign 'historic agreement' on maritime borders. Details here

Lebanon and Israel have finally agreed to a "historic deal" regarding their maritime borders, ending their long-running feud over the gas-rich Mediterranean Sea.

The deputy speaker of Lebanon Elias Bou Saab, handed over the US-brokered final draft to the country's President Michel Aoun. For decades, this deal has been drawn up to the satisfaction of both sides, sworn enemies.

Saab has been among the team of negotiators for Lebanon. Saab described the deal as satisfactorily addressing Lebanon's needs, and all their remarks have been duly addressed. Saab is convinced that Israel would also feel the same. The agreement is now in the offing and is mainly to formalise this deal that has been negotiated.


President Aoun hoped that the agreement regarding the border would be announced soon. The President had said earlier that the deal didn't mean Lebanon and Israel would become partners. Both countries are officially still at war with each other.



The Israeli side also vetted the confirmation, and the National Security Advisor, Eyal Hulata, was glad that the "historic agreement" would be signed soon. Israel and Lebanon would get exploration rights in areas rich in gas and other energy resources.

Israel's Prime Minister, Yair Lapid's, office has come out with a statement on the deal and hailed it as a historic achievement. The date of the signing is yet to be announced.

The process will take a while to get signed as Israel's Knesset and High Court have to agree to the decision.

FAQs:

1. Which year did the Lebanon-Israel conflict flare up?
   1978.
2. Which country is funding Hezbollah?
   Iran.