UAE puts an end to eco­nomic boy­cott of Is­rael

The Hindu - - WORLD - Reuters

The Pres­i­dent of the United Arab Emi­rates 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.

Is­rael and the UAE said on Au­gust 13 that they would nor­malise diplo­matic re­la­tions in a deal bro­kered by

U.S. Pres­i­dent Don­ald Trump that re­shapes the or­der of West Asia’s politics, from the Pales­tinian is­sue to the fight against Iran.

Pres­i­dent Khal­ifa bin Zayed Al Nahyan 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 Is­raeli flag car­rier El Al Is­rael Air­lines Ltd pre­pared to op­er­ate the coun­try’s first di­rect flight be­tween cap­i­tal Tel Aviv’s Ben Gu­rion Air­port and the UAE’s cap­i­tal, Abu Dhabi.

An Is­raeli gov­ern­ment del­e­ga­tion and top aides to Mr. Trump, in­clud­ing his se­nior ad­viser Jared Kush­ner, are due to travel on the flight on

Au­gust 31, a U.S. of­fi­cial said. Be­fore the Au­gust 13 deal can be of­fi­cially signed, de­tails must be agreed on is­sues such as the opening of Em­bassies, trade and travel links.

Is­raeli Agri­cul­ture Min­is­ter Alon Schus­ter said Is­rael was work­ing on po­ten­tial joint projects that could help im­prove the oil-rich Gulf na­tion’s food se­cu­rity, such as wa­ter de­sali­na­tion and crop cul­ti­va­tion in the desert.

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