Lebanon and Greek Cypriot Administration sign maritime border agreement

Lebanon and the Greek Cypriot Administration have signed a maritime border agreement, effectively resolving a dispute that has lasted nearly 20 years. This historic agreement is expected to unlock potential offshore energy exploration in the region.

The signing of the agreement marks a significant development in the relations between Lebanon and the Greek Cypriot Administration, as both parties have sought to clarify their maritime boundaries. The resolution of this long-standing issue could facilitate future energy projects and enhance cooperation in the Eastern Mediterranean.

This agreement comes amid ongoing discussions and negotiations in the region regarding energy resources and territorial rights. The potential for offshore energy exploration has been a point of contention among various nations in the area.

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