UAE and Israel Ratify New Customs Agreement, Marking Another Milestone in Economic Ties
Abu Dhabi — The United Arab Emirates and the State of Israel have officially ratified a new economic agreement focused on customs collaboration.
The Agreement on Cooperation and Mutual Assistance in Customs Matters aims to streamline cross-border trade, enhance transparency, and ensure efficient customs procedures between the two nations. This step is expected to further solidify the economic bridge that has been rapidly taking shape since the normalization of ties under the historic Abraham Accords.
Ambassador Yossi Shelley, Israel’s top envoy to the UAE, welcomed the development, stating:
“Another significant economic agreement between the United Arab Emirates and the State of Israel has been ratified by both countries. The Agreement on Cooperation and Mutual Assistance in Customs Matters will further strengthen the economic ties between our countries and will promote the continued growth and collaboration.”
This customs agreement follows a series of other bilateral initiatives in trade, technology, tourism, and innovation. Analysts say such moves are not only symbolic but pave the way for smoother business transactions and stronger investor confidence.
Since the establishment of diplomatic relations in 2020, UAE-Israel trade has surged into the billions, and both nations appear committed to keeping that momentum alive.