Israel, United Arab Emirates to sign free trade deal on Tuesday

Updated 30 May, 2022

JERUSALEM: Israel and the United Arab Emirates (UAE) will sign a free trade agreement in Dubai on Tuesday in a move aimed at boosting trade between the two countries, Israel's Economy Ministry said on Monday.

The ministry said customs duties will be eliminated on 96% of products, including food, agriculture, cosmetics, medical equipment and medicine, and includes regulation, customs, services and government procurement.

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The UAE and Israel formally established relations in 2020 as part of the US-brokered Abraham Accords that also included Bahrain and Morocco.

The trade deal is Israel's first with an Arab country.

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