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I think it is important to note that Saudi Arabia did not attend the unveiling of the "Mideast Peace Plan"
It's driven by US and Israeli domestic politics and does not take into account any domestic or regional political considerations for any of the Arab governments close to the US.
Nor does it have any realistic chance of getting implemented so all downside and no upside for US allies in the region.
For example it gives Hamas a veto power over any progress basically giving the Israelis reassurance that they will not have to give anything up?
It even extends that to Islamic Jihad or any other group that refuses to lay down its arms. Knowing that they will never consensually do so makes this a plan designed for optics only, US and Israeli domestic optics.
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