Israel-UAE-Bahrain Accord Opens A New Era of Peace and Prosperity for The West Asia, India And the World
By
Ron Malka
Sep 17,
2020
The peace
agreement between Israel, the United Arab Emirates (UAE), and Bahrain is a
historic moment that brings together the most advanced states in West Asia for
the good of humanity. Combining forces and finding common ground has never been
more urgent than now, in the midst of a pandemic, and the Abraham Accord is set
to generate immediate results. This historic agreement also brings
opportunities for India, which enjoys strong bilateral relations with these
developed and thriving economies. India will benefit greatly by expanding its
cooperation in many areas including health care, energy, agriculture, cyber
security, regional security, technology, water and more.
Photo (AFP)
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The leaders
of Israel, the United States (US) and the UAE hailed the agreement as a “historic diplomatic breakthrough
that will advance peace in the Middle East”, “chart a new path”, and “unlock the great potential in the
region”. India’s ministry of external affairs praised the agreement between Israel and
the UAE, defining both as “key strategic partners of India”. The scope for
successful collaboration among the three countries is huge. For example, the
health ministers of both Israel and the UAE have already agreed to cooperate on
health issues, particularly on the coronavirus. Meanwhile, Israel and India have
also been cooperating on joint research and development for rapid testing of
Covid-19, as well as new technologies to combat the pandemic.
Developing
together, and subsequently utilising the significant relative advantage of
India in manufacturing, can bring promising results for the sake of humanity
and the whole world, as well as harmonising with the great vision of Prime
Minister (PM) Narendra Modi of “Making in India, for India, and for the world”.
While
business delegations and a student exchange programme are being planned, the
UAE and Israel have also committed to working together on medical research and
pharmaceuticals, collaborating particularly in the development of treatments
and vaccine trials for Covid-19. Apex National Investment has signed a
memorandum of understanding with Israel’s Sheba Medical Center, establishing
Israel as a major destination for medical tourism from the UAE. Both countries
have suffered under the ongoing coronavirus crisis, and it’s, therefore,
fitting that the first field of cooperation is in health care.
Like India,
Israel and the UAE are young countries that have managed to develop dynamic,
thriving economies in a few decades. Both the UAE and Israel will gain from the
expansion of trade and commercial ties. The Israeli ministry of economy and
industry has estimated that Israeli exports to the UAE could jump to $500
million a year, and that Emirati investments in Israel could reach $350 million
a year. The cyber-security, medical, financial, and communications industries
are expected to benefit in particular from the newfound expansion of trade and
investment between the two countries. Given that both countries are strategic
partners of India, we can imagine the promising potential that is embedded in
this exciting peace agreement.
These
initiatives and collaborations represent a bit of what is to come in the
normalisation of relations between Israel, the UAE, and Bahrain. The citizens
of all three countries will quickly see their lives enriched as a result of
this agreement, paving the way for increasingly more countries in the region to
realise the vast potential that exists in making peace with Israel. As economic
opportunities in the region arise, they will also expand beyond the immediate
region to benefit our friends in India.
The
challenges we are facing today know no borders, and it is essential that we
combine our capabilities for the benefit of all of our citizens. We call on all
those following this historic moment to voice their support for the agreement.
This historic peace agreement opens a new era of peace and prosperity for the
whole of West Asia, India, and the world.
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Ron
Malka is Israel’s ambassador to India
Original
Headline: What the Israel-UAE-Bahrain
accord means for India and the world
source: The Hindustan Times
URL: https://newageislam.com/islam-politics/israel-uae-bahrain-accord-opens/d/122882
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