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US Ambassador Shea calls on all parties to uphold their commitments

11-10-2022 | 14:09

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US Ambassador Shea calls on all parties to uphold their commitments

US Ambassador to Lebanon Dorothy Shea indicated on Tuesday that the maritime border demarcation agreement between Lebanon and Israel will provide for the development of energy fields for the benefit of both countries.

“Your country can look forward to harnessing vital new energy resources. This sets the stage for a more stable and prosperous Lebanon,” Shea stressed.

She also explained that this agreement promotes foreign investment in the country which is critical against the backdrop of the devastating economic situation, as it allows exploration and exploitation of known and future hydrocarbon fields bringing new energy resources on to the global market in a manner that also enhances regional stability.

She concluded by saying that “It will be important now that all parties uphold their commitments and work toward implementation of this deal again.”

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