UAE abolishes Israel Boycott Law, allows trade of Israeli products

  ABU DHABI – UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a decree abolishing the boycott of Israel and Israeli products. The decree follows the announcement of a peace deal between UAE and Israel, state news agency WAM reported on Saturday (August 29). Based on the new decree, it will now be legal to bring, exchange, trade or possess Israeli goods and products in the UAE. Individuals and companies in the UAE may now also be allowed to enter into deals with companies or individuals from Israel. The decree comes as part of the UAE’s efforts to expand diplomatic and commercial cooperation with Israel, and by laying out a roadmap towards launching joint cooperation. ICA/WAM/Expat Media ALSO READ Historic UAE-Israel deal: All you need to know Islamic scholar rejects Palestinian fatwa against UAE nationals
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