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To start with, UAE has dealt with Israel to sign a free agreement in Dubai in order to boost the trade between the two countries. As we look at it, they are also determined to put an end with the custom duties and it’s unexpected how they view 96% of it.
In relation to this, the things involved with it are medicines, medical equipments, cosmetics, agriculture, food and even regulations, customs, services and government regulatories.
This kind of deal is a promising achievement for the nation. The severity of this has a thorough, huge and pivotal and would prompt a huge percentage of exchange between the two nations being given quick or slow duty exclusion.
It is admirable how the leaders of UAE has set a strong reputation in strengthening the relationship with other countries. It’s undeniable how they don’t embrace division but rather to bring nations together for good. I hope this kind of trade agreement will lead other nations to embrace foreign relations in a new and healthier way. I can see how this first trade deal for Israel and Arab Country to flourish even more
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