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Reuters
Reuters
Business

FORGOTTEN HISTORY: Israel and uae finalise free trade deal | History Defined

Israel UAE Economy Ministry United Arab Emirates
FILE PHOTO: Containers carrying goods from the United Arab Emirates, which entered Israel on an MSC cargo ship, are unloaded with a cargo crane bearing Israeli and Emirati flags at Haifa's port, northern Israel October 12, 2020. REUTERS/Amir Cohen/File Photo

Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's Economy Ministry and the UAE foreign trade minister said on Friday after formally establishing ties in 2020.

The UAE and Israel have between $600 million and $700 million in bilateral trade, UAE's economy minister Abdulla Bin Touq Al Marri said in September.

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