Post Tribune (Sunday)

UAE decree formally ends Israel boycott amid US-brokered deal

- By Jon Gambrell

DUBAI, United Arab Emirates — The ruler of the United Arab Emirates issued a decree Saturday formally ending the country’s boycott of Israel amid a U.S.-brokered deal to normalize relations between the two countries.

The announceme­nt allows trade and commerce between the UAE, home to oil-rich Abu Dhabi and skyscraper-studded Dubai, and Israel, home to a thriving diamond trade, pharmaceut­ical companies and tech startups.

The announceme­nt further cements the Aug. 13 deal opening relations between the two nations, which required Israel to halt its contentiou­s plan to annex occupied West Bank land sought by the Palestinia­ns.

The state-run WAM news agency said the decree came on the orders of Sheikh Khalifa bin Zayed Al Nahyan, the ruler of Abu Dhabi and the Emirates’ leader.

WAM said the new decree allows Israelis and Israeli firms to do business in the UAE, a federation of seven sheikhdoms on the Arabian Peninsula. It also allows for the purchase and trade of Israeli goods.

“The decree of the new law comes within the UAE’s efforts to expand diplomatic and commercial cooperatio­n with Israel,” WAM said. It lays out “a road map toward launching joint cooperatio­n, leading to bilateral relations by stimulatin­g economic growth and promoting technologi­cal innovation.”

Already, some Israeli firms had signed deals with Emirati counterpar­ts. But the repeal of the law widens the likelihood of other joint ventures, such as in aviation or in banking and finance.

Dubai Internatio­nal Airport, home to the long-haul carrier Emirates, has been the world’s busiest for internatio­nal travel for years. The Dubai Internatio­nal Financial Center also hosts major firms who trade in the hours between Asian and European markets. Dubai already has a major gold market and growing diamond trade.

Emirati firms likely also want to access Israeli technologi­cal know-how. Some already had even before the deal — with the cybersecur­ity firm DarkMatter reportedly hiring Israeli military-trained hackers.

On Monday, the first direct commercial flight by Israel’s flagship carrier El Al is expected in Abu Dhabi, carrying U.S. and Israeli officials including President

Donald Trump’s son-in-law, Jared Kushner.

The decree formally eliminates a 1972 law on the UAE’s books since just after the country’s formation. That law mirrored the widely held stance by Arab nations at that time that recognitio­n of Israel would only come after the Palestinia­ns had an independen­t state of their own.

The UAE is becoming the third Arab nation after Egypt and Jordan to currently have diplomatic relations with Israel.

Newspapers in English

Newspapers from United States