US President Donald Trump on Tuesday announced that Israel and the United Arab Emirates have reached a historic peace deal.
According to the agreement, Israel will suspend applying sovereignty to areas of the West Bank that it planned to annex.
“HUGE breakthrough today! Historic Peace Agreement between our two GREAT friends, Israel and the United Arab Emirates!” Trump said on Twitter.
HUGE breakthrough today! Historic Peace Agreement between our two GREAT friends, Israel and the United Arab Emirates!— Donald J. Trump (@realDonaldTrump) August 13, 2020
Reportedly, the peace deal was struck after several discussions were held between the officials of Israel, UAE, and the United States. Israeli Prime Minister Benjamin Netanyahu and Crown Prince of Abu Dhabi Sheikh Mohammed Bin Zayed agreed to the terms of the pact on a phone call.
In a joint statement issued by the three nations, it stated the three leaders had “agreed to the full normalization of relations between Israel and the United Arab Emirates.”
“This historic diplomatic breakthrough will advance peace in the Middle East region and is a testament to the bold diplomacy and vision of the three leaders and the courage of the United Arab Emirates and Israel to chart a new path that will unlock the great potential in the region,” the statement said.
“Delegations from Israel and the United Arab Emirates will meet in the coming weeks to sign bilateral agreements regarding investment, tourism, direct flights, security, telecommunications, and other issues”, the statement added.
The statement said that as “a result of this diplomatic breakthrough and at the request of President Trump with the support of the United Arab Emirates, Israel will suspend declaring sovereignty” over areas of the West Bank that were envisioned in the U.S. peace plan unveiled by Trump in January.
“Israel for the foreseeable future will be focused on building this relationship and pursuing all the advantages that can come from having this new relationship with this country, and we also break the ice for doing more normalizations and peace agreements with other regional players as well,” a White House official told Reuters.