"We are a world power of gas and oil and would be happy to produce with you collaborations for green energy and clean refining projects, along with... food security, agriculture, standards, cyber, water, and many other issues," said Al Jaber.
"I believe that the global coronavirus crisis creates new challenges so that cooperation between us while seeing the needs of the whole world – the capabilities and experience of the companies in the Emirates in cooperation with innovation, research and development – will be important and significant not only for the two countries, but for the whole world," Peretz said. "I invite you, immediately after the preparation of the agreement, to come and sign the agreement and go to work."
Peretz stressed that the two countries could initiate projects between Israel, the Emirates and the Palestinians, including ones that could contribute to a new atmosphere between Israel and the Palestinians after annexation was dropped from the agenda.
Energy Minister Yuval Steinitz held an online meeting with Al Jaber on Tuesday and discussed possible avenues for cooperation in R&D, while focusing on renewable energy in urban areas and on electric cars. Steinitz and Al Jaber also talked about the establishment of a joint energy center that will be run by both countries.
Last week, Steinitz held a discussion with his Emirati counterpart, energy minister Suhail Al Mazrouei, and discussed cooperative efforts for connecting electricity networks, developing the natural gas market, establishing an information center and more.
"Cooperation in these fields will anchor the peace agreement," Steinitz noted. Tobias Siegal contributed to this article.