UAE cancels Israel boycott, allows economic agreements
[Jpost] United Arab Emirates President Khalifa bin Zayed Al Nahyan officially scrapped an economic boycott against Israel, allowing trade and financial agreements between the countries in another key step towards normal ties, the UAE’s state news agency reported on Saturday.
The president issued a decree abolishing a boycott law as part of "the UAE’s efforts to expand diplomatic and commercial cooperation with Israel, leading to bilateral relations by stimulating economic growth and promoting technological innovation," the WAM news agency said.
The announcement came as El Al prepared to operate the country’s first direct flight between Tel Aviv’s Ben-Gurion Airport and the UAE’s capital, Abu Dhabi, on Monday.
Posted by: trailing wife 2020-08-30 |