WORLD_ Israel, U.A.E. Pursue Economic Ties in Wake of U.S.-Brokered Breakthrough

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Israel, U.A.E. Pursue Economic Ties in Wake of U.S.-Brokered Breakthrough

The difficult issue of whether U.A.E will be allowed to by American F-35 jets is put off until later



Officials from both countries said they also want to set up embassies as soon as possible. Photo: nir elias/Reuters


By Dov Lieber
Sept. 1, 2020 3:51 pm ET

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ABU DHABI—Israel and the United Arab Emirates agreed to promote bilateral trade and business activity as they move to normalize ties, but pushed discussion over the thorny issue of the sale of advanced U.S. military hardware to the Emiratis to a later stage.

A delegation of top Israeli and American officials was in the U.A.E. capital for a two-day visit to discuss areas of collaboration after a historic U.S.-brokered diplomatic breakthrough between the two countries last month.

On Tuesday, they signed a deal to create a joint committee to establish cooperation on various fronts—from financial services and joint investments to combating terror financing and money laundering. That came after delegations from both sides stayed up overnight to put the finishing touches on the agreement.

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READ MORE: https://www.wsj.com/articles/israel-u-a-e-pursue-economic-ties-in-wake-of-u-s-brokered-breakthrough-11598989870?mod=hp_listb_pos1


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