Dubai, November 17, 2017 : .The UAE’s business community is eager to view the results of the first meeting of foreign ministers from India, Israel, UAE and the USA.
This will take place in Dubai over the next few weeks, even though the ministry plans are being finalised. The four Foreign Ministers got together in a ‘hybrid’ manner last month to form the economic cooperation platform called the West Asian Quad, and now plans are on for an in-person meeting as indicated by India’s Foreign Minister S.Jaishankar during his visit to the UAE last week.Four Foreign Ministers met in a ‘hybrid” manner to create the platform of economic cooperation called the West Asian Quad.
Now plans are in place for an actual meeting, as S.Jaishankar (India’s Foreign Minister) indicated during his recent visit to UAE.
In response to a question at a media briefing at the India Pavilion at Expo 2020 Dubai last week, Jaishankar had said: “You know, we had the initial meeting a month ago.that was a hybrid meeting.we had to have a follow-up session on that.Jaishankar answered a query at last week’s media briefing in India Pavilion, Expo 2020 Dubai: “You know.We had our initial meeting one month ago.it was a mixed meeting.so we needed to hold a follow up session.” We agree on exactly how we go.that a follow-up meeting will take place in the coming weeks, probably in Dubai.”.The way we will proceed is agreed upon.a follow up meeting will be held in the next few weeks in Dubai.
Dubai-based Merzi Sodawaterwala, who founded the International Federation of Indo-Israel Chambers of Commerce (IFIICC) late last December in the wake of the September signing of the historic Abraham Accords peace agreement between Israel and the UAE, said the meeting will be the fruition of a long-cherished dream.Dubai-based Merzi Soomawala founded the International Federation of Indo-Israel Chambers of Commerce in December after the signing of the Abraham Accords Peace Agreement between Israel and the UAE.She said that the meeting would be the realization of a long-cherished goal.
“While US Secretary of State Antony Blinken recently joined the three Foreign Ministers to bring up this new Quad, it is noteworthy that the seeds of the India, the UAE and Israel trilateral were actually sown a year back with the launch of IFIICC.”While US Secretary-of State Antony Blinken joined the three foreign ministers recently to discuss this Quad, it’s worth noting that seeds for the India, UAE, and Israel trilateral were planted a year ago with the IFIICC launch.
“India being a friend of both the UAE and Israel is clearly the preferred partner to leverage the global potential of the UAE, Israel and India trilateral.
India, as a friend to both Israel and the UAE is the best partner for leveraging the potential of the trilateral UAE-Israel and India.And now with the US in the mix, it will only open up more possibilities, especially here in the UAE,” said Sodawaterwala, who is also the chairman of IFIICC that recently held an exclusive event co-organised by diplomats of the UAE, Israel and India representing the Ministry of Foreign Affairs.
It will open up even more opportunities, especially in the UAE now that the US is included in the mix,” stated Sodawaterwala.He also chairs IFIICC and recently organized an exclusive event with diplomats from India, Israel, and the UAE representing the Ministry of Foreign Affairs.
The diplomats in that event agreed to peg the innovation and international business potential of the UAE, Israel and India trilateral alone at $110 billion by 2030.Participants in the event agreed that the UAE, Israel, and India Trilateral would have an innovation and business potential totalling $110 billion each by 2030.
The maiden success story to have already emerged out of this new trilateral relationship is Ecoppia, an Israeli world leader in robotic cleaning solution for solar with its manufacturing base in India and over 2,700 MW of global projects in its portfolio.Ecoppia is the first to emerge from this trilateral partnership as a success story.It’s an Israeli company that specializes in robotic solar cleaning solutions.With its Indian manufacturing base and more than 2,700 MW in global projects, it is the Israeli leader in robot-cleaning technology for solar.
“It became a symbol of this new multilateral collaboration with the UAE-Israel-India trilateral after the signing its first landmark deal in the UAE with our support,” added Sodawaterwala, while highlighting the role of IFIICC that helped broker the deal and boasts of names like former Israeli President Reuven (Ruvi) Rivlin, current Director General of Israel’s Ministry of Economy and Industry and former ambassador to India, Sri Lanka and Bhutan, Ron Malka; Pavan Kapoor, Indian Ambassador to the UAE; Ahmed Abdul Rahman AlBanna, UAE Ambassador to India; and Sanjeev Kumar Singla, Ambassador of India to Israel, among its founding patrons.It became the symbol of the new multilateral cooperation with the UAE, Israel-India trilateral following the signing of its first landmark deal.
“Ecoppia’s innovative fully autonomous, water-free robots will allow this arid region to achieve optimal productivity while saving precious water resources,” Sodawaterwala told IANS.Sodawaterwala stated to IANS that Ecoppia’s fully autonomous and water-free robots would allow the region in drought to be productive while preserving precious water resources.
Jonathan Miller, Special Envoy for Energy, Israeli Ministry of Foreign Affairs, hailed this particular project as an excellent example of how Israeli innovative technological solutions are crucial to achieving carbon neutrality, together with the economic benefits of a multilateral collaboration between countries and partners from especially India, the UAE and Israel.Jonathan Miller, Israeli Ministry of Foreign Affairs Special Envoy for Energy, said that this project was a great example of Israeli innovation in technological solutions.
He also highlighted the economic benefits of multilateral cooperation between partners, especially India and the UAE, and hailed it as a shining example of the importance of Israeli technology to achieve carbon neutrality.
“Developments and global partnerships in renewable energy are making it possible to overcome the challenges of climate change,” he said, while noting about a market segment which, he said, is estimated at $4-5 billion annually.He said that “developments in renewable energy and international partnerships are making it possible for us to address the climate change challenges.”
Mark Gazit, who leads ThetaRay, a cyber security and big data analytics company with headquarters in Hod HaSharon, Israel, and offices in New York and Singapore, said this new Quad will add a whole new dimension to doing business for global companies like his.Mark Gazit is the CEO of ThetaRay.ThetaRay is a cybersecurity and big data analytics firm with headquarters in Israel and offices in New York, Singapore and Israel.
He said that this new Quad will bring a new level to global businesses like his.
“We had been doing business for long through our partners in this region but the opportunities that exist now to reach out to our customers and clients directly wouldn’t have been there had it not been for the Abraham Accords, so much so that we are looking at setting up a permanent base here,” Gazit said during a one-day forum held recently by a UAE newspaper to discuss the brewing economic ties between India, the UAE and Israel.Gazit stated that while we had done business in the region for a long time through partners, but that the opportunity to directly reach our clients and customers now exists because of the Abraham Accords.Gazit spoke at a forum that was held by a UAE newspaper recently to talk about the pending economic ties between India and the UAE.
Ajay Singh, who leads the operations in the Middle East for India’s Tata Consultancy Services, echoed similar sentiments.Ajay Singh (who leads operations in the Middle East of India’s Tata Consultancy Services) echoed the sentiments.
“As a key regional player, we hope to be that bridge between India and Israel while doing and building our regional base out of UAE,” said Singh, the ME Regional Head of TCS, a global leader in IT services, consulting and business solutions with a large network of innovation and delivery centres.Singh said that TCS is a leading global provider of IT services and consulting, and will be a bridge between India, Israel, and UAE as a regional player.
All four countries have already stepped up cooperation in trade and investment with Dubai by recently inking an agreement with Delhi to build infrastructure, which would include IT towers, logistics centres and a hospital, in Kashmir.The four nations have stepped up their cooperation with Dubai in trade and investment.
Delhi recently signed an agreement to construct infrastructure in Kashmir, including IT towers and logistics centers.That deal was signed at the start of Expo 2020 Dubai where India and Israel pavilions are exhibiting next to each other.
The deal was made at Expo 2020 Dubai, where India and Israel are both exhibiting.
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