AIRLINK 76.15 Increased By ▲ 1.75 (2.35%)
BOP 4.86 Decreased By ▼ -0.09 (-1.82%)
CNERGY 4.31 Decreased By ▼ -0.03 (-0.69%)
DFML 46.65 Increased By ▲ 1.92 (4.29%)
DGKC 89.25 Increased By ▲ 1.98 (2.27%)
FCCL 23.48 Increased By ▲ 0.58 (2.53%)
FFBL 33.36 Increased By ▲ 1.71 (5.4%)
FFL 9.35 Decreased By ▼ -0.01 (-0.11%)
GGL 10.10 No Change ▼ 0.00 (0%)
HASCOL 6.66 Decreased By ▼ -0.11 (-1.62%)
HBL 113.77 Increased By ▲ 0.17 (0.15%)
HUBC 143.90 Increased By ▲ 3.75 (2.68%)
HUMNL 11.85 Decreased By ▼ -0.06 (-0.5%)
KEL 4.99 Increased By ▲ 0.12 (2.46%)
KOSM 4.40 No Change ▼ 0.00 (0%)
MLCF 38.50 Increased By ▲ 0.10 (0.26%)
OGDC 133.70 Increased By ▲ 0.90 (0.68%)
PAEL 25.39 Increased By ▲ 0.94 (3.84%)
PIBTL 6.75 Increased By ▲ 0.22 (3.37%)
PPL 120.01 Increased By ▲ 0.37 (0.31%)
PRL 26.16 Increased By ▲ 0.28 (1.08%)
PTC 13.89 Increased By ▲ 0.14 (1.02%)
SEARL 57.50 Increased By ▲ 0.25 (0.44%)
SNGP 66.30 Decreased By ▼ -0.10 (-0.15%)
SSGC 10.10 Decreased By ▼ -0.05 (-0.49%)
TELE 8.10 Increased By ▲ 0.15 (1.89%)
TPLP 10.61 Decreased By ▼ -0.03 (-0.28%)
TRG 62.80 Increased By ▲ 1.14 (1.85%)
UNITY 26.95 Increased By ▲ 0.32 (1.2%)
WTL 1.34 Decreased By ▼ -0.02 (-1.47%)
BR100 7,957 Increased By 122.2 (1.56%)
BR30 25,700 Increased By 369.8 (1.46%)
KSE100 75,878 Increased By 1000.4 (1.34%)
KSE30 24,343 Increased By 355.2 (1.48%)
Markets

Biden welcomes 'historic' Israel-UAE peace deal

  • In the bombshell agreement, the Jewish state agreed to suspend its plans to annex occupied Palestinian West Bank areas.
Published August 14, 2020

WILMINGTON: Democratic White House candidate Joe Biden welcomed Thursday's US-brokered peace deal between Israel and the United Arab Emirates as a "historic step" that will help ease tensions in the region.

"Today, Israel and the United Arab Emirates have taken a historic step to bridge the deep divides of the Middle East," the former vice president and foreign policy stalwart said in a statement about the deal which was announced by his election rival, US President Donald Trump.

"The UAE's offer to publicly recognize the State of Israel is a welcome, brave, and badly-needed act of statesmanship" that will help ensure Israel remains an "integral" part of the Middle East, he said.

In the bombshell agreement, the Jewish state agreed to suspend its plans to annex occupied Palestinian West Bank areas in exchange for a normalization of relations with the UAE.

"Annexation would be a body blow to the cause of peace, which is why I oppose it now and would oppose it as president," Biden said. "It would virtually end any chance of a two-state solution."

Biden's statement made no mention of Trump, saying instead that the deal was built on efforts by "multiple administrations," including the Obama-Biden administration that preceded Trump's, to foster a broader Arab-Israeli opening.

Several US lawmakers hailed the agreement, with many Republicans praising Trump and his team for helping bring about a result.

House Democrat Brad Sherman said "Israel's willingness to step away from annexation in favor of expanding ties with its neighbors demonstrates a real commitment to stability, peace & a viable Palestinian state."

Comments

Comments are closed.