Prospects for cooperation in the energy sector have been discussed between the Israeli Minister of Energy and his counterparts in the United Arab Emirates, Morocco, Sudan and Bahrain. A first since the normalization agreements of these four Arab countries with the Hebrew state.
According to a statement from the office of Israeli Minister Yuval Steinitz, conference call stakeholders discussed the impact of the standardization agreement on sectors such as oil and gas, renewable energy and research and development. Energy ministers from the United States and Egypt also attended the meeting.
“The ministers discussed how diplomatic relations between countries could revolutionize national security, economic prosperity and add content to peace agreements, including investments in energy research and development, deployment of infrastructure and technologies,” says the same source.