There’s history in the making in the Middle East as Israel entered its first free trade agreement with an Arab nation. The Tuesday signing is another positive result of the Abraham Accords, and trade between Israel and the Gulf States is already reaping the benefits.
Described as “comprehensive” and “ground-breaking,” Israel’s Minister of Economy and Industry Orna Barbivay and the UAE Minister of Economy Abdalla Bin Touq Al Marri signed the historic Free Trade Zone deal in Dubai.
“I’m certain that this is not only about developing opportunities in the business community and initiatives and developing new technology in Israel but also in the Emirates. And you know what? It will be an inspiration to the countries that are watching about the things that are possible. I am convinced that we have here an unlimited potential,” Barbivay said.
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