• Source:JND
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Israel-Lebanon Ceasefire: In a major breakthrough, Israel and Lebanon achieved a 10-day ceasefire, marking a significant development in the direction of the US-Iran peace talks. US President Donald Trump on Thursday announced that Israel and Lebanon have agreed to begin a 10-day ceasefire following high-level discussions with Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu.

"I just had excellent conversations with the Highly Respected President Joseph Aoun of Lebanon and Prime Minister Bibi Netanyahu, of Israel. These two Leaders have agreed that in order to achieve PEACE between their Countries, they will formally begin a 10 Day CEASEFIRE at 5 P.M. EST," Trump wrote on social media.

Quiz

According to the article, how long is the ceasefire agreed upon between Israel and Lebanon?

Vance, Rubio To Work On Solving Issues Between Israel And Lebanon

Trump further said he directed the Secretary of State, Marco Rubio and Vice President JD Vance to work together with Israel and Lebanon to achieve long-lasting peace.

"On Tuesday, the two Countries met for the first time in 34 years here in Washington, D.C., with our Great Secretary of State, Marco Rubio. I have directed Vice President JD Vance and Secretary of State Rubio, together with the Chairman of the Joint Chiefs of Staff, Dan Razin' Caine, to work with Israel and Lebanon to achieve a Lasting PEACE. It has been my Honor to solve 9 Wars across the World, and this will be my 10th, so let's, GET IT DONE! President DONALD J. TRUMP," he added.

ALSO READ: Trump Brokers 10-Day Israel-Lebanon Ceasefire, Invites Leaders To White House For 'First Meaningful Talks Since 1983' 

Will Ceasefire Between Israel And Lebanon Impact India?

We all in India experienced the impact of the ongoing crisis in the Middle East, following a US-Israel war with Iran, which triggered a global fuel havoc. The war, which impacted our kitchen budget and the business of hoteliers, saw active involvement of Iran-backed Hezbollah fighters, prompting Israel to launch unprecedented bombing on the southern parts of Lebanon, in which thousands of people were killed. Being a fuel-importing nation, India is indirectly affected by the hostility in the Middle East. Any step in the direction to put an end to the crisis and bring normalcy will certainly leave positive effects on India.

Here Are Five Major Factors

1. Oil Price Stability: The US-Iran war in the Middle East disrupts oil supplies and increases fuel prices, which affects the Indian oil and gas market. The ceasefire between Israel and Lebanon removed a big roadblock from the path to achieving an everlasting deal between Iran and the US. Iran constantly stressed that without a ceasefire in Lebanon, it will not agree to any deal with the US.


2. Protection Of Indian Diaspora and Workers: Around one crore Indians live in the Middle East countries, including Lebanon and Israel. War threatens their lives and creates challenges to repatriation. A normalcy will ensure their safety and economic support to their families in India through remittances.

3. Boost To Infra Projects: Several key infrastructure projects like the IMEC (India-Middle East-Europe Economic Corridor), in which India's interest is also attached, will get momentum if normalcy returns in the region. The IMEC project passes through Israel, the UAE, and other countries, which will give a new dimension to India-Europe trade.

4. Impact On Defence and Technical Cooperation With Israel: A stable Israel is in favour of India as our country imports drones, missile systems, and other defence technology from Israel.

5. Impact On Strait Of Hormuz: Despite diversification efforts in the last few weeks in the fuel-importing destinations, India's approximately 25%-30% crude oil passes through the Strait of Hormuz.


 


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