The Emirati, Israeli and US flags sway in the wind at the Abu Dhabi airport at the arrival of the first-ever commercial flight from Israel to the UAE, on Aug 31, 2020. (KARIM SAHIB / AFP)
JERUSALEM – Israel and the United Arab Emirates will sign a free trade agreement in Dubai on Tuesday in a move aimed at boosting trade between the two countries, Israel's Economy Ministry said on Monday.
The ministry said customs duties will be eliminated on 96 percent of products, including food, agriculture, cosmetics, medical equipment and medicine, and includes regulation, customs, services and government procurement.
The UAE and Israel formally established relations in 2020 as part of the US-brokered Abraham Accords that also included Bahrain and Morocco. The trade deal is Israel's first with an Arab country.
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