Occupation Foreign Ministry: An Israeli-UAE-American-Indian economic forum is on the way-Nazareth - “Arab Jerusalem”:

The Israeli Foreign Ministry said on Tuesday that the foreign ministers of the United States, India, the United Arab Emirates and Israel decided to form a quadrilateral international forum for economic cooperation. In an official statement, Israeli Foreign Minister Yair Lapid said that during his visit to Washington last week, he took the initiative to put forward this idea and then took the initiative to hold the meeting between the four ministers through the Zoom application.

According to a statement by the Israeli Foreign Ministry, Lapid said at the beginning of the four-way ministerial meeting: “Around this virtual table there is a system of special capabilities, knowledge and experience that can be exploited in order to produce the network that we all want. I think that the right word that we are looking for here is synergy and this is what we are going to produce starting from this meeting. Ta’adoud helps us to work in building infrastructure, digital infrastructure, transportation, ports, trains, maritime security and everything else that occupies us.” Lapid considered that the key to success lies in asking how quickly we can move from “government relations” to “business relations,” and at what speed we can turn this into a work process that builds infrastructure all over the world.

According to the statement, the four ministers discussed, during a Zoom conversation, the possibilities and opportunities of joint infrastructure in the fields of transportation, technology, water security, economy, trade and joint projects. At the end of the talks, it was decided that each minister would take the initiative to appoint a joint high-professional staff tasked with formulating opportunities for cooperation in the aforementioned fields. The statement of the occupation foreign ministry also indicated that the four ministers agreed to a face-to-face meeting during the Expo in the coming months in Dubai in order to study the outcomes of the aforementioned joint team.

Egypt goes to Israel: We want to expand the volume of trade between the two countries

The official Israeli channel said that Egypt wants to increase the volume of trade with Israel. According to the report, the head of the Egyptian intelligence service, Abbas Kamel, spoke about the issue with Israeli Economy Minister Orna Barbebay last week.

According to the Israeli channel, Kamel told Barbebay that Egypt would like to expand its activities at the “Netzana” crossing, the main goods hub between Israel and Egypt. Barbebay answered him by saying that “the possibility exists and now we must see how to achieve this,” noting that Egypt wants to increase the import and export of additional goods such as Cement, iron, chemicals, etc.

The previous week, the minister visited the “Nitzana” crossing and met with additional officials, including representatives of the Prime Minister’s Office, the National Security Council, the Ministry of Foreign Affairs and additional officials in order to study the expansion of the crossing, and in the coming weeks, the minister will visit Cairo in an attempt to push for additional economic cooperation between the two sides.

Israel approves $1.5 billion budget to target Iran's nuclear capabilities

In the regional context, the occupation government approved a budget of five billion shekels (about 1.5 billion dollars) to enhance its capabilities to target the Iranian nuclear program, noting that “the money will be directed towards aircraft and intelligence gathering, possibly using satellites, among other options,” according to what the channel reported. Israeli.

The budget consists of 3 billion shekels from the previous budget and an additional 1 billion shekels from the next budget that the government will vote on in the imminent November. And Israeli Defense Minister Benny Gantz had said earlier that his country was ready "to engage directly militarily against Iran if necessary."

It is noteworthy that Israel opposes the nuclear agreement concluded between Tehran and the six major powers, considering that it will enable Tehran to acquire nuclear weapons and threaten its existence. The 2015 nuclear agreement was concluded in Vienna between Iran and the P5+1 group (China, the United States, France, Britain, Russia and Germany, in addition to the European Union) and provides for the easing of international sanctions in exchange for restrictions on Iran's nuclear program and guarantees that it will not develop an atomic bomb.