The UAE ruler formally lifts long boycott against Israel

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Title : The UAE ruler formally lifts long boycott against Israel
Link : The UAE ruler formally lifts long boycott against Israel

A royal decree ending the decades-long economic boycott of Israel was issued by United Arab Emirates President Khalifa bin Zayed Al Nahyan on Saturday, Aug. 29, two days before Israel’s first commercial flight from Tel Aviv to Abu Dhabi.

The decree allows trade and financial agreements between the two countries in support of “bilateral cooperation, in order to support [the establishment] of bilateral relations,” the UAE news agency reported. Israelis and Israeli firms are now free to conduct business in the UAE, a federation of seven sheikhdoms, and they are allowed to purchase and trade Israeli products.

On Monday, El Al plans to operate Israel’s first direct flight to Abu Dhabi carrying an Israeli delegation and aides of the President Donald Trump, who brokered the epic Aug. 13 accord which normalized relations between the oil emirates and Israel.

Presidential adviser Jared Kushner will lead the US delegation and National Security Adviser Meir Ben Shabat will head the Israeli team. The Israel-UAE deal awaits negotiations on details such as opening embassies, trade and travel links before it is officially signed.

Israel Airports Authority’s website said the first commercial flight would be numbered LY971, a nod to the UAE’s international calling code number. A return flight to Tel Aviv’s Ben Gurion International Airport on Tuesday will be numbered LY972, Israel’s international calling code.

The Arab League’s boycott of Israel was imposed following the foundation of the Jewish state in 1948. It was was progressively intensified until Egypt signed peace with Israel in 1979 and became the first Arab nation to withdrew from the collective ban. Jordan followed suit in 1995, when the Hashemite Kingdom signed peace with the Jewish state.