The President of the United Arab Emirates issued a decree on Saturday officially ending the nation’s boycott of Israel amid a US-brokered agreement to normalise relations between both nations.
The statement today allows trade and trade between the UAE, home to oil-rich Abu Dhabi and skyscraper-studded Dubai, also Israel, home to a flourishing diamond commerce, pharmaceutical companies and technology start-ups.
The statement further afield the Aug 13 deal opening up connections between both countries, which demanded Israel to stop its controversial plan to annex occupied West Bank land sought from the Palestinians.
However Palestinians have criticised the accord, saying it undercuts one of its few bargaining chips with Israelis in moribund peace discussions.
Dunai’s state-run WAM news agency said the decree came to the orders of Sheikh Khalifa bin Zayed Al Nahyan, the Emir of Abu Dhabi and President of the UAE.
WAM reported the new decree lets Israelis and Israeli companies to do business in the UAE, a US-allied federation of seven sheikhdoms on the Arabian Peninsula. In addition, it allows for the trade and purchase of Israeli products.
However there are concerns inside the Israeli authorities over promoting the F-35 warplanes into the UAE.
On Monday, the first direct commercial flight by Israel’s flagship carrier El Al is anticipated in Abu Dhabi, carrying US and Israeli officials such as President Donald Trump’s son-in-law, Jared Kushner. Telephone calls can be produced between the states.
The decree officially gets rid of a 1972 legislation on the UAE’s novels since only after the nation’s formation. That legislation reflected the broadly held stance by Arab countries at the point that recognition of Israel would just come after the Palestinians had an independent country of their own.