Yair Lapid proposed that Egypt take control of Gaza for eight years, in exchange for debt relief. His plan addresses Egypt’s significant financial challenges and aims to establish a peace force for Gaza’s management. Ultimately, the governance would transition to a reformed Palestinian Authority, with collaborative efforts to reduce terrorism.
Israeli opposition leader Yair Lapid recently proposed that Egypt assume control and security responsibilities for the Gaza Strip for an initial duration of eight years. In exchange for this arrangement, Egypt would receive substantial debt relief amidst its financial challenges, which have been exacerbated by a decline in tourism due to the COVID-19 pandemic and ongoing conflict in Gaza.
Lapid highlighted President Abdel Fattah El Sisi’s precarious financial position, citing Egypt’s external debt exceeding $155 billion. He suggested that the proposal would alleviate some financial burdens, allowing Egypt to manage Gaza while receiving international support for its debt obligations. “If President El Sisi can’t subsidise pitta bread for the poor in Egypt, if he can’t pay the bills for the Egyptian military, his leadership is at risk,” Lapid stated.
He revealed this idea for the first time and remarked that he had yet to discuss it with Egyptian authorities. Lapid anticipated a mixed response from Cairo, predicting they would initially decline before agreeing to the proposition. His plan entails Egypt managing the Gaza Strip, with an option to extend control to 15 years, ultimately leading to governance by a reformed Palestinian Authority.
Lapid articulated a vision for a cooperative effort in Gaza, wherein Egypt would spearhead a peace force alongside Gulf states and the international community. He referenced historical precedents when Egypt governed Gaza from 1948 to 1956 and for another decade until 1967. This approach, he asserts, does not imply annexation but rather a transitional management arrangement.
He emphasized the necessity of collaboration to mitigate terrorism in the region, recognizing the ongoing threat posed by Hamas. This comprehensive strategy aims to shift responsibility for Gaza’s future governance to Egypt, promoting stability and potential development in the area while also addressing regional security concerns.
In conclusion, Yair Lapid’s proposal for Egypt to oversee the Gaza Strip emphasizes a strategic partnership that could provide much-needed financial relief for Egypt while fostering stability in Gaza. The plan includes an international effort for reconstruction and governance led by Egypt, reflecting historical ties and potential collaboration with other regional powers. Through this initiative, both regional security and economic challenges could be addressed jointly.
Original Source: www.thenationalnews.com
