The deal comes as trade between the two countries has reached a staggering $2.5 billion in only twenty months since the Trump administration brokered the so-called Abraham Accords normalizing ties between Israel and several Arab states.
“Businesses in both countries will benefit from faster access to markets and lower tariffs as our nations work together to increase trade, create jobs, promote new skills and deepen cooperation,” Emirati envoy to Israel, Mohamed Al Khaja, tweeted.