Yair Lapid Proposes Egyptian Management of Postwar Gaza for Debt…

Israeli opposition leader Yair Lapid has proposed that Egypt manage Gaza for eight years in exchange for debt relief. Citing Egypt’s financial burdens, he argues that this arrangement could prevent terrorism and aid reconstruction efforts, while also recalling Egypt’s historical governance of the region. His plan suggests the involvement of Gulf states and global support to stabilize the area and strengthen Egypt’s leadership.

Yair Lapid, the Israeli opposition leader, has proposed that Egypt assume control and security management of the Gaza Strip for an initial duration of eight years, in exchange for substantial debt relief. This suggestion, which Lapid claims has not been discussed with Egypt, appears to align with the financial struggles that Egyptian President Abdel Fattah El Sisi is currently facing due to a decline in tourism and economic instability exacerbated by the ongoing conflict in Gaza.

Mr. Lapid cited the urgency of Egypt’s financial situation, mentioning that the nation’s external debt exceeds $155 billion. He emphasized that if President El Sisi is unable to support basic necessities for the Egyptian population, including subsidies for food and funds for the military, his leadership could be jeopardized. His plan anticipates that Egypt could manage Gaza for a potential period of 15 years, with international financial support assisting in debt alleviation.

During a speech at the Foundation for Defence of Democracies in Washington, Mr. Lapid articulated his vision for Egyptian governance over Gaza, suggesting that Egypt could collaborate with Gulf states and the international community to revitalize and manage the region. He also asserted that historical precedents exist for such an arrangement, noting that Egypt previously governed Gaza from 1948 to 1956 and again for part of the period until 1967.

Mr. Lapid acknowledged potential initial reluctance from Egypt regarding the proposal, predicting a response of “no” followed ultimately by “yes.” He reinforced that this plan does not seek Egyptian annexation of Gaza but rather emphasizes management. This approach could be mutually beneficial and would not counter Egypt’s regional objectives as labor continues to combat threats from Hamas.

Additionally, Mr. Lapid outlined the critical need for a cooperative effort to prevent terrorism, recognizing that Hamas is unlikely to dissolve willingly. The importance of a peacekeeping force led by Egypt, alongside support from Gulf partners and global allies, is central to the management and reconstruction of Gaza under this proposal.

In summary, Yair Lapid’s proposal for Egypt to oversee Gaza management represents a strategic approach to address both the region’s security challenges and Egypt’s financial crisis. By suggesting a temporary governance framework in partnership with international entities, Lapid aims to foster stability in Gaza while alleviating debt for Egypt. This initiative not only draws on historical precedents but also seeks to unite various stakeholders for a comprehensive peacekeeping effort.

Original Source: www.thenationalnews.com