Israel 🇮🇱 - UAE 🇦🇪 FTA Flashcards
Israel UAE relations
The first president of the UAE after the UAEbecame an independent countryin 1971, SheikhZayed bin Sultan Al Nahyan, referred to Israel as “the enemy” of the Arab countries.
On December 13, 2021, Israeli Prime MinisterNaftali Bennettvisited the UAE and met withMohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi.
On 13 August 2020, Israel and the UAE signed an agreement mediated by U.S. PresidentDonald Trump.[7]Under the deal, Israel and the UAE will establish full diplomatic relations, with the UAE becoming the third Arab state, besides Egypt and Jordan, to fully recognize Israel.
FREE TRADE AGG
AGREEMENT DETAILS.
Israel and the United Arab Emirates signed a historic trade agreement on May 31 with an aim to do trade worth more than $10 billion annually.
After the deal, tariffs will be removed or reduced on 96% of goods traded between the two countries.
