Correct Answer : Option (C) - Statement-I is correct but Statement-II is incorrect
Note : Egypt and Jordan are the only two Arab countries that have formal diplomatic relations with Israel, though some other Arab countries, like Saudi Arabia and Morocco, have reportedly had back-channel communications with it for years. Hence statement 1 is correct.
Since the 1970s Saudi Arabia had exercised a policy of regional coordination among Middle Eastern states, and between them and the United States.
The special position that Saudi Arabia has occupied over the last few decades in Arab-Israeli affairs reflects the Saudi kingdom's role as regional coordinator.
The analysis revolves around the Saudi initiative for peace between Arab parties and Israel in the 1980s ("The Fahd Plan" leading up to "The Fez resolutions"-1981-1982) and in the beginning of the twenty-first century ("The Abdullah initiative" leading up to "The Arab peace initiative", 2002-2007). However, Israel has not officially signed the initiative. Hence statement 2 is not correct.
Some other initiatives are as follows, :
* Abraham Accord: The Abraham Accord between Israel, the United Arab Emirates and Bahrain is mediated by the USA.
* It is the first Arab-Israeli peace deal in 26 years.
* As per the agreements, the UAE and Bahrain will establish Embassies and exchange ambassadors.
* Working together with Israel across a range of sectors, including tourism, trade, healthcare and security.
* The Abraham Accords also open the door for Muslims around the world to visit the historic sites in Israel and to peacefully pray at Al-Aqsa Mosque in Jerusalem, the third holiest site in Islam.
* In the Islamic tradition, the Kaaba in Mecca is considered the holiest site, followed by the Prophet's Mosque in Medina, and Al-Aqsa Mosque in Jerusalem.
* I2U2 Initiative: I2U2 was initially formed in October, 2021 following the Abraham Accords between Israel and the UAE, to deal with issues concerning maritime security, infrastructure and transport in the region.
* At that time, it was called the ‘International Forum for Economic Cooperation’.
* That was referred to as the ‘West Asian Quad’.