UAE and Israel ratify comprehensive economic partnership agreement

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UAE

The governments of the United Arab Emirates and Israel legal their comprehensive economic partnership agreement, UAE minister of state for foreign trade, Thani Al Zeyoudi, same on Twitter on Sunday.

The trade agreement, that was initial signed in May, can take away or cut back tariffs on 96% of products listed between the nations.

"Non-oil trade between UAE and Israel hit $2 billion within the first 9 months of 2022, up 114% from identical amount in 2021...will accelerate this progress as we tend to produce opportunities in key sectors cherish advanced technology, renewable energy and food security," Al Zeyoudi added.



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