Experts hail Abraham Accords and the UAE’s handling of pandemic in Davos during WEF

Experts hail Abraham Accords and the UAE’s handling of pandemic in Davos during WEF

The session, moderated by Suzanne Kianpour, Foreign Affairs & Political Journalist, BBC, also featured Dr. Shamsheer Vayalil, Chairman and Managing Director, VPS Healthcare, and Itamar Rabinovich, former Ambassador of Israel to the U.S. and former President of Tel Aviv University.

“There was a medical exchange between both the countries during the pandemic and work was done on research on the virus, the vaccine, etc. It expedited many things and we saw some of the concrete outcomes impacting the control of the Covid-19 within the UAE,” Dr. Thani said.

According to Dr. Thani, after the signing of the Abraham Accords, bilateral trade between the UAE and Israel has increased to more than 2.5 billion dollars in less than two years.

“In the first quarter of this year, we exceeded 1 billion dollars. We announced two years ago, 3 billion dollars of R&D funds for more engagement in the region. We are about to sign the free trade agreements, sending a strong message that the potential is high and concrete projects are happening,” said Dr. Thani, adding that the UAE is keen to engage with and capitalize on Israel’s strong healthcare sector.

Praising the cooperation between Israel and the UAE on different areas, Mr. Rabinovich said