On August 13th, 2020, news broke that Israel and the United Arab Emirates (UAE) had agreed to establish diplomatic ties. This historic peace agreement is a significant breakthrough in a region that has experienced conflict for decades, and it will undoubtedly have a profound impact on the Middle East.
The peace deal is being hailed as a major diplomatic achievement. It marks the third time that Israel has normalized its relations with an Arab country, following Egypt in 1979 and Jordan in 1994. The agreement came as a surprise to many, as there had been no previous indication that relations between the two countries were thawing.
The deal was brokered by US President Donald Trump, who praised it as a “huge breakthrough.” It is also being seen as a win for US foreign policy, as it comes just months before the US presidential election.
The historic peace agreement has numerous economic benefits for both countries. For Israel, the deal means access to the UAE`s vibrant economy, which is heavily reliant on oil exports and has a high per capita income. For the UAE, the agreement means greater access to Israeli technology and expertise in areas such as agriculture, water management, and cybersecurity.
The peace agreement has also been welcomed by the international community. UN Secretary-General Antonio Guterres called it “a very positive development,” while UK Prime Minister Boris Johnson called it a “hugely important agreement.”
One of the most significant implications of the peace agreement is the potential for it to unlock further normalization between Israel and other Arab nations. Saudi Arabia, Bahrain, and Oman have all welcomed the agreement, and it is possible that other countries will follow suit. This could pave the way for greater stability and cooperation in the region.
In conclusion, the historic peace agreement between Israel and the UAE is a momentous milestone for the Middle East. It represents a significant shift in the region`s political landscape and has the potential to bring about a more peaceful and prosperous future for both countries. As the world watches with interest, it will be fascinating to see how this landmark agreement unfolds and what impact it will have on the wider Middle East.