UAE and Israel open phone link, sign research deal
Sheikh Abdullah bin Zayed Al Nahyan and his Israeli counterpart Gabi Ashkenazi on Sunday inaugurated the phone link.
Following the landmark peace accord reached between the UAE and Israel, the two countries have opened up telephone lines and also agreed to cooperate on Covid research and study.
Sheikh Abdullah bin Zayed Al Nahyan, UAE's Minister of Foreign Affairs and International Cooperation, and his Israeli counterpart Gabi Ashkenazi on Sunday inaugurated the phone link by having a telephonic conversation.
Sheikh Abdullah exchanged greetings with Ashkenazi, and the two leaders reiterated their commitment to fulfiling the provisions of the treaty between the two countries in order to promote peace and regional development.
Meanwhile, Emirates company APEX National Investment has announced the signing of a strategic commercial agreement with Israel's TeraGroup to develop research on the novel coronavirus.
Commenting on this agreement, Khalifa Yousef Khouri, chairman of APEX, said: "We are delighted with this cooperation with TeraGroup, which is considered the first business to inaugurate trade, economy and effective partnerships between the Emirati and Israeli business sectors, for the benefit of serving humanity by strengthening research and studies on Covid-19."
TeraGroup's chairman & CEO Oren Sadiv said: "We are thrilled with our agreement with APEX National Investment and hope that we will achieve the objectives outlined in this agreement, which in turn will benefit everyone economically, specifically in these exceptional circumstances with the spread of the Novel Coronavirus around the world."
The agreement aims at conducting and enhancing research and studies related to coronavirus, as well as developing a coronavirus testing device to contribute to speeding up the testing process, facilitating it, and providing it with high accuracy and high throughput to everyone in accordance with the best international practices.
The historic agreement between UAE and Israel is considered a significant step towards building a more peaceful, secure and prosperous Middle East.
The accord was announced on Thursday after a phone conversation between US President Donald Trump; His Highness Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces; and Israeli Prime Minister Benjamin Netanyahu.
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