Israel-UAE peace deal: UAE president's decree ends longstanding trade inactivity

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Israel-UAE peace deal: UAE president's decree ends longstanding trade inactivity

Bilateral trade ties have been opened between the United Arab Emirates (UAE) and Israel after the UAE president Khalifa bin Zayed Al Nahyan issued a decree that ended the economic impasse that had existed between the two countries.

The decree follows the peace deal that was reached between the two countries earlier on 13th August 2020. Announcing the decree, the Emirati country’s official news agency said, “…the UAE’s efforts to expand diplomatic and commercial cooperation with Israel, leading to bilateral relations by stimulating economic growth and promoting technological innovation”.

A flight to realise Israel and the UAE's peace deal

The first step towards the starting of this bilateral fostering will see Israeli national carrier El Al Airlines run a direct flight from the Ben Gurion Airport in Tel Aviv to the Emirati capital of Abu Dhabi on 31st August.

The flight will have a delegation of Israeli politicos and American bureaucrats will be part of the flight. American president Donald Trump’s son-in-law Jared Kushner will also be part of the American contingent aboard this flight.

The flight will operate between these two countries, with travel and trade negotiations still remaining a part of the deal that is yet to be signed on paper. The route of the flight is still unclear considering that there is still economic and trade-routes’ embargo between Saudi Arabia and Israel.

Meanwhile, at the time of its coming, the peace deal with the United States of America as the principal mediator between the two nations had been a largely satisfying affair. Given the socio-political volatility of the middle-east, the deal was seen as the definite end of the threat of West Bank’s annexation by Israel.

Talking about the deal, UAE’s foreign affairs minister Anwar Gargash had called it a “win-win solution”. He had also said, “We were in Arab League meetings... and the whole idea was, what do we do to stop this annexation? Somehow, annexation seemed as a looming threat that will undermine any prospects of a two-state solution”.

Finally, he added, "The UAE was quite active diplomatically and we took an unprecedented step of our ambassador ... saying basically that annexation will just wreck the whole prospect of negotiations and peace, and will affect Israel’s prospects of establishing relations with the Arab world."