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The President of the Emirates, Sheikh Khalifa bin Zayed Al-Nahyan on Saturday repealed the federal law concerning the boycott of Israel, two weeks after the normalization of their diplomatic relations. An act marking the trade and diplomatic opening between the two countries.
The United Arab Emirates repealed the law to boycott Israel after the two countries announced in mid-August the normalization of their relations, indicated, Saturday (August 29th), the official Emirati news agency Wam.
The President of the Emirates, Sheikh Khalifa bin Zayed Al-Nahyan, in a decree repealed “Federal Law No. 15 of 1972 concerning the boycott of Israel and the resulting sanctions”, according to Wam. It will therefore now be “allowed to enter, exchange and possess Israeli goods and products of all types in the Emirates and to market them”, according to the decree.
“Increase commercial and diplomatic cooperation”
The normalization agreement between Abu Dhabi and the Hebrew state, announced on August 13 by US President Donald Trump, has been denounced as a “stab” in the back by the Palestinians and has been more or less well received in Arab capitals.
It makes the Emirates the first Gulf country and the third Arab country to establish relations with Israel after Egypt (1979) and Jordan (1994).
Businesses and individuals in the Emirates can now enter into agreements with businesses or individuals residing in Israel, the news agency said, stressing that the move was “aimed at increasing trade and diplomatic cooperation with Israel.”
Israeli Prime Minister Benjamin Netanyahu praised the move. “This is an important step to advance peace and security in the region,” he said in a statement on Saturday evening.
אני מברך על החלטת נשיא איחוד האמירויות שייח ‘ח’ליפה בן זאיד, לבטל את החוק להחרמת מוצרים מישראל ומגעים כלכליים עם ישראלים. זהו צעד חשוב לקידום השגשוג והשלום באזור.
– Benjamin Netanyahu (@netanyahu) August 29, 2020
“First direct commercial flight”
An Israeli-American delegation is due to travel to the Emirates on the “first direct commercial flight” from Tel Aviv to Abu Dhabi on Monday, corroborating sources in Jerusalem said on Friday.
According to the services of the Israeli Prime Minister, Jared Kushner – advisor and son-in-law of the American president – and the Israeli adviser to national security Meir Ben Shabbat will be part of this delegation whose objective is to seek ways to strengthen cooperation in several areas. (aviation, tourism, commerce, health, energy, security).
As part of the standardization agreement, Hebrew state agreed to suspend annexation of new West Bank territories busy, but Benjamin Netanyahu quickly assured not to have “given up” in the long term.