Good news! Blessed are the peacemakers! The Abraham Accords keep on giving!
"... will remove excise from an estimated 96% of the bilateral trade between the two countries including: food, agriculture, cosmetics, medical equipment, pharmaceuticals and more. The free trade agreement covers such issues as regulations and standards, excise, cooperation, government procurement, e-commerce, and protecting IP rights.
This is the first free trade agreement between Israel and an Arab state and has been pushed through only 20 months after the countries established full diplomatic relations. The UAE only has free trade agreements with its Gulf neighbors and the EFTA countries (Switzerland, Norway, Iceland and Lichtenstein). The agreement means that Israel will be able to trade tariff free throughout the Gulf via the UAE. ..."
This is the first free trade agreement between Israel and an Arab state and has been pushed through only 20 months after the countries established full diplomatic relations. The UAE only has free trade agreements with its Gulf neighbors and the EFTA countries (Switzerland, Norway, Iceland and Lichtenstein). The agreement means that Israel will be able to trade tariff free throughout the Gulf via the UAE. ..."
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