Israel's free trade deal with UAE Flashcards
FTA stands for
Free Trade Agreement
name 3 countries and 1 trading bloc that India has FTAs with?
countries: Thailand, Sri Lanka, UAE
trading bloc: ASEAN
FTAs can be categorised as?
1]Preferential Trade Agreement
2]Comprehensive Economic Cooperation Agreement
3]Comprehensive Economic Partnership Agreement (CEPA).
(CEPA) stands for?
Comprehensive Economic Partnership
Agreement
how does India benefit from Israel’s FTA w UAE?
India has also signed FTA w UAE so there’s ambit for trilateral cooperation
and it has also further created opportunities for
collaborations with the US.
West Asian Quad members and motive
Israel, India, the UAE, and the US. a forum for economic cooperation.
Significance of the FTA signed between Isr and UAE
first between Israel and an arab country [UAE]
ISR’S CBS
Israel’s Central Bureau of Statistics
Ties with Israel
UAE first gulf country and third arab country after Egypt and Jordan.
prev. ties between the isr and UAE
2020 US-brokered diplomatic deals known as the
Abraham Accords normalized relations
between Israel and four Muslim countries—the
U.A.E., Bahrain, Morocco and Sudan.
Abraham Accords
- 2020
- US brokered diplomatic deals
- normalized relations
between Israel and four Muslim countries—the
U.A.E., Bahrain, Morocco and Sudan.
first and second largest economy in the
Arab world
Saudi Arabia, UAE