President Donald Trump announced that a "historic peace agreement" has been reached between Israel and the United Arab Emirates. Speaking in the Oval Office, Trump told reporters that the two countries will exchange embassies and ambassadors and "begin cooperation across the board."
Trump expects other countries to follow the UAE's lead and said the United States is "already discussing this with other nations."
The UAE is the first Gulf Arab state to establish full diplomatic ties with Israel and only the third Arab country to recognize Israel's existence, joining Egypt and Jordan.
President Trump, Israeli Prime Minister Benjamin Netanyahu and Deputy Supreme Commander of the United Arab Emirates Sheikh Mohammed Bin Zayed released a joint statement saying the historic peace deal will help "chart a new path that will unlock the great potential in the region."
Delegates from the two nations will meet in the coming weeks to "sign bilateral agreements regarding investment, tourism, direct flights, security, telecommunications, technology, energy, healthcare, culture, the environment, the establishment of reciprocal embassies, and other areas of mutual benefit."
As part of the deal, Israel vowed to "suspend declaring sovereignty over areas outlined in the President's Vision for Peace," and the two countries said they will work together to "achieve a just, comprehensive and enduring resolution to the Israeli-Palestinian conflict."
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