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Israel and Saudi Arabia ‘in talks’ for historic economic deal: report
Israel and Saudi Arabia are in talks to forge official economic ties with each other
in a potential ground-breaking deal, according to reports.
(ibtimes) — US and Arab sources are claiming the two nations are hoping to develop relations with each other,
starting with allowing Israel to set up business in Saudi Arabia and giving permission for Israeli airline
El Al to use Saudi airspace in its flights, reports The Times
.
The reports suggest the deal could explain why Saudi Arabia and its allies have recently cut ties with
Qatar, suggesting it is an effort for the Gulf state to stop supporting Hamas, the Islamist Palestinian militants who control Gaza.
The reports have been dismissed by Saudi Arabia as “wishful thinking” from the Trump association.
Sources suggested the prospect of a deal between the two nations is merely the White House
attempting to show immediate positive results from the president’s recent trips to Saudi Arabia and Israel.
Trump has spoken about how he plans to oversee what he calls the “ultimate deal” in delivering
peace talks between Israel and Palestine.
According to the Times, Palestinians are opposed to the idea, fearing it would normalise ties between
Israel and Arab nations before a deal to establish a Palestinian state has been met.
In 2002, Saudi Arabia proposed allowing for a general recognition of Israel in return for a peace deal with
the Palestinians and a withdrawal from the occupied territories. While the move was adopted by the
Arab league, Israeli prime minister Binyamin Netanyahu never formally responded to the offer.