BEIRUT: Lebanon and Israel are expected to resume US-mediated talks on a dispute about their Mediterranean Sea border next week, two Lebanese official sources said on Thursday.
Negotiations between old foes Lebanon and Israel were launched in October to try to resolve the dispute, which has held up hydrocarbon exploration in the potentially gas-rich area, yet the talks have since stalled.
One Lebanese official who declined to be identified due to the sensitivity of the issue told Reuters that the US side had informed Lebanon that talks would resume on Monday.
The second Lebanese official said the resumption would coincide with a visit by US mediator John Desrocher, who is due in Lebanon on an unspecified day next week. US embassy officials were not immediately available for comment.
The longtime foes held several rounds of talks in October, a culmination of three years of diplomacy by the United States, hosted by the United Nations at a peacekeeper base in southern Lebanon.
But gaps between the two sides remained large after each presented contrasting maps outlining proposed borders that actually increased the size of the disputed area.
Since the talks stalled, Lebanon’s caretaker prime minister and ministers of defense and public works approved a draft decree which would expand Lebanon’s claim, adding around 1,400 square km to its exclusive economic zone.
The draft decree has yet to be approved.
Israeli Energy Minister Yuval Steinitz’s office said Israel was considering a renewal of talks but “based on the known territory which is in dispute.”
Israel already pumps gas from huge offshore fields, while Lebanon has yet to find commercial gas reserves in its own waters.
Lebanon, Israel expected to resume talks on maritime border next week
https://arab.news/mfd9e
Lebanon, Israel expected to resume talks on maritime border next week
- Negotiations between the old foes were launched in October to try to resolve the dispute
- But gaps between the two sides remained large after each presented contrasting maps outlining proposed borders
GCC states ‘face reliance on Saudi Arabia for food imports’
- With 70 percent of food coming through Strait of Hormuz, analysts warn of inevitable shortages
DUBAI: Some Gulf states may have to rely on overland food deliveries from Saudi Arabia if the US-Israel-Iran war continues to disrupt shipping through the Strait of Hormuz and restrict regional airspace, analysts warned on Thursday.
The region is up to 90 percent dependent on food imports, and price surges and scarcity of some goods are expected.
“With over 70 percent of GCC foodstuffs being imported through the Strait of Hormuz, Gulf states face shortages if the war persists,” said Neil Quilliam of the Chatham House think tank.
“While GCC countries have taken steps to diversify suppliers and ensure sufficient stores to withstand disruption, this can only last several months. At this point, price increases and longer lead times will start to hit the markets.”
Commodities analyst Ishan Bhanu said: “The biggest immediate effect will be due to the blockade of Jebel Ali in Dubai, serving about 50 million people. Qatar, Kuwait, Bahrain and Iraq effectively become landlocked and will depend on overland routes through Saudi Arabia.”
Bottlenecks are yet to show and the UAE has said its strategic reserves of vital goods cover four to six months of needs. It urged residents to report unjustified price increases through a dedicated hotline.
Supermarket staff throughout the Gulf said shelves remain largely stocked, though suppliers are taking longer to replenish certain products. Iran’s strikes on the Gulf since Saturday prompted panic buying in supermarkets, a dry run for what could come.
“Perception of risk matters, and even if stocks are sufficient now, public runs on supermarkets can spook the public,” Quilliam said.
