Israel signs free trade deal with UAE, first-ever with an Arab state

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Israel signs free trade deal with UAE, first-ever with an Arab state
Ambassador to the UAE Amir Hayek succinctly announced the signing of the agreement on twitter, tweeting "Done!" in response to a previous tweet on the topic.
By LAHAV HARKOV
Published: MAY 31, 2022

Israel entered its first-ever free-trade agreement with an Arab state, when Economy Minister Orna Barbivay signed the deal with her counterpart in the United Arab Emirates on Tuesday. Ambassador to the UAE Amir Hayek succinctly announced the signing of the agreement on Twitter, writing “Done!” in response to a previous tweet on the topic. Prime Minister Naftali Bennett praised the FTA as “historic” and the fastest to be signed in Israel’s history. He thanked Crown Prince of Abu Dhabi Mohamed Bin Zayed for accelerating the process. “We are continuing to warm the peace between the countries,” Bennett tweeted.

On Monday, Barbivay said her visit to Dubai was “of strategic importance to the economic relations between the State of Israel and the United Arab Emirates. Together we will remove barriers and promote comprehensive trade and new technologies.”

more............ https://www.jpost.com/breaking-news/article-708131
 
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