Thursday 14th September 2023

(7 months, 4 weeks ago)

Grand Committee
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Lord Stone of Blackheath Portrait Lord Stone of Blackheath (Non-Afl)
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My Lords, ever since I spent a year in the Middle East in 1967 as a volunteer in the Six Day War, I have been involved with schemes trying to bring nations there together for peace. The Abraham accords are exactly what my old company, Marks & Spencer, was trying to do in the region for decades—on a smaller scale, of course. In 1977, we started deliberately buying goods in volume from Egypt, as we already were from Israel; we hoped this would persuade President Sadat to visit Israel and make peace, and he did.

In the 1980s, we persuaded our Israeli manufacturers to manufacture Marks & Spencer goods in Egypt, Jordan and Morocco. Delta Galil set up a factory in Cairo, employing 12,500 people making socks and underwear using the best Egyptian cotton, and another factory in Jordan, thus developing warm relations. Then, in the 1990s, Tony Blair asked if I would go to the West Bank and Gaza to do the same for the Palestinians. We did that successfully.

Why do I mention all this? It is because there is now a great opportunity, on a much larger scale, for the countries of the Gulf and north Africa to use their wealth and assets to include Israel in a massive transformation of the region, to move from oil and gas-producing industries to wind, solar and other clean forms of energy and greener technologies. By using the brilliant science, ingenuity and advanced technology in Israel, this can make them all very wealthy and create close partnerships, at the same time as saving the planet.

Specifically, to enhance the Abraham accords, Saudi Arabia can perhaps join in. It wants to recognise Israel but, at the same time, support Palestine. It can do this by combining recognition of Israel with a major, game-changing investment in Palestine—something spectacular that is not easy for Israel to agree to but doable. It needs to be something that Saudi Arabia can deliver, and be seen to have been delivered on the back of a recognition of Israel and benefits for Palestine.

Nabil Shaath had a plan for the redevelopment of Gaza Port with a “linked” port in Cyprus. This would mean Saudi recognition of both Israel and the Turkish Republic of Northern Cyprus. Although the costs of such a dramatic gesture of this kind would be immense, there would be private sector investment and other Governments might contribute—perhaps the USA—but Saudi Arabia would be the main shareholder.

As the UK has expertise in all this, possesses great diplomatic skills and has good relations with countries across the region, we could play a vital role. Perhaps the Minister could suggest to His Majesty’s Government that we could host a series of meetings here and discuss all this with these parties in this very House.