US guarantee backs Israel’s positions on Lebanon agreement

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The US letter of assure to Israel accompanying the maritime border agreement with Lebanon is owing to be signed by US President Joe Biden this week, in accordance to a senior diplomatic resource. The wording was agreed on Friday, but it will continue to be confidential and will not be posted in total.

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The letter was meant to have been connected to the arrangement in advance of the govt permitted it, but it was not finished on time, and the ministers voted on the arrangement without the need of the assurance letter and without the initial framework arrangement with Full, which is accountable for drilling in the Qana/Sidon gas prospect.

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The diplomatic source suggests that the letter is tackled to Key Minister Yair Lapid, and expresses apparent backing of the US for Israel’s positions on issues linked to the maritime border agreement. The resource additional that the US president declares in the letter of assurance that the US is committed to the full implementation of that agreement and to Israel’s stability and economic legal rights as expressed in it. In addition, the letter repeats the determination of the US to aiding Israel to protect alone (with its individual forces) and to discourage its enemies, together with at sea and in opposition to any threat to its strength belongings at sea or to Israeli vessels. In the case of any try to breach the settlement, the US will stand by Israel to prevent the breach.

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In the letter, the US acknowledges the line of buoys as the position quo territorial border line, and states that it will oppose any endeavor to obstacle that line, unless by settlement amongst the two sides.

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On the Qana/Sidon fuel prospect, the US states its determination to Israel’s economic rights in the prospect, and stresses its dedication to blocking Hezbollah from profiting from the prospect, in accordance with the US sanctions regime.

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Posted by Globes, Israel business information – en.globes.co.il – on Oct 30, 2022.

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© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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