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Israel-Gulf trade flourishes in two years of Abraham Accords

Bahrain and the UAE expect that the scope of bilateral trade with Israel will continue to grow significantly in coming years.

Israeli Economy and Trade Minister Orna Barbivai signing an MOU for cooperation on trade and production with Emirati counterparts, Dubai, June 1, 2021.
Israeli Economy and Trade Minister Orna Barbivai signing an MOU for cooperation on trade and production with Emirati counterparts, Dubai, June 1, 2021. — Economy and Trade Ministry spokesperson's office

Sept. 15 will mark two years for the Abraham Accords, which normalized Israel's ties with the Emirates, Bahrain, Morocco, and later Sudan. Changing the regional balance of power and alliances, these agreements also opened the doors to relations with other Arab states, at least indirectly.

More so, apart from their strategic significance, from day one, these accords affected the region economically. Recent reports indicate that Israel’s trade relations with Gulf countries are flourishing.

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