🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Blinken says Arab countries not keen to rebuild Gaza if it will be 'leveled' again

Published 01/16/2024, 12:15 PM
Updated 01/16/2024, 12:22 PM
© Reuters. U.S. Secretary of State Antony Blinken speaks to members of the media before boarding his plane to return to Washington, following his week-long trip aimed at calming tensions across the Middle East, in Cairo, Egypt, January 11, 2024. REUTERS/Evelyn Hocks

By Humeyra Pamuk

(Reuters) - Arab countries are not keen to get involved in the rebuilding of Gaza if the Palestinian enclave will be "leveled" again in a few years and stress the importance of Palestinian statehood for any regional settlement, the U.S. Secretary of State Antony Blinken said on Tuesday.

Speaking to CNBC in an interview in Davos, Switzerland, Blinken said there was a "new equation" in the Middle East in which Israel's Arab and Muslim neighbors were prepared to integrate Israel into the region but they were equally committed to a pathway to a Palestinian state.

He said both the Arab states and Washington believe that until that issue is addressed, neither Israel nor the region will have peace, stability and security.

"You have to resolve the Palestinian question," Blinken said. "Arab countries are saying this ... Look, we're not going to get into the business, for example, of rebuilding Gaza only to have it leveled again in a year or five years and then be asked to rebuild it again."

"You're in a place right now, where, again, Arab countries, including countries like Saudi Arabia, are prepared to do things in their relationship with Israel they were never prepared to do before. That opens up an entirely different future, a much more secure future."

"In terms of Israel's own security, the Arab piece of the equation and the Palestinian peace - that's the way to true lasting security," Blinken said.

Speaking also in Davos, Saudi Arabia's foreign minister said the kingdom could recognise Israel if a comprehensive agreement were reached that included statehood for the Palestinians.

Blinken in his latest trip to the Middle East just a week ago had brought a rough agreement to Israel that its predominately Muslim neighbors would help rehabilitate Gaza after the war and continue economic integration with Israel, but only if it committed to eventually allowing the creation of an independent Palestinian state.

U.S.-brokered talks on a Palestinian state in territory now occupied by Israel collapsed almost a decade ago. Right-wing leaders in Israel's current ruling coalition oppose Palestinian statehood.

© Reuters. U.S. Secretary of State Antony Blinken speaks to members of the media before boarding his plane to return to Washington, following his week-long trip aimed at calming tensions across the Middle East, in Cairo, Egypt, January 11, 2024. REUTERS/Evelyn Hockstein/Pool/ File Photo

The war in Gaza started when Hamas militants stormed into southern Israel on Oct. 7, killing 1,200 people and taking 240 hostages. Israel says more than 130 remain in captivity.

Israel responded to Hamas' assault with a siege, bombardment and ground invasion of Gaza that have devastated the tiny coastal territory and killed more than 24,000 people, according to Gaza health officials.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.