It includes cooperation and participation in international conferences and exhibitions and the exchange of delegations
"Dubai World Trade" signs a partnership agreement with the Israel Export Authority
Hilal Al-Marri: "The new partnership is the beginning of a long-term commercial relationship and cooperation between the UAE and Israel."
The Dubai World Trade Center, one of the leading destinations for events and commercial communication in the UAE, has signed an agreement with the Israel Export Authority, covering areas of cooperation and participation in major international conferences and exhibitions, in addition to organizing and exchanging trade delegations between the two countries, and providing support to benefit from business opportunities in the two countries. .
This agreement is the result of cooperation between the UAE, the Israeli Export Authority, and the Israeli Ministry of Economy and Foreign Affairs, which are working to promote Israeli industry after the signing of the peace treaty.
The Israeli Export Authority will be responsible for Israeli participation in international exhibitions for the first time in the Gulf states.
The Minister of Economy, Abdullah bin Touq Al-Marri, said, “The signing of the historic peace treaty between the UAE and Israel contributed to opening new and broad horizons for building fruitful frameworks for economic cooperation and trade exchange between the two countries.”
He added: “Such a partnership between the Dubai World Trade Center Authority and the Israeli Export Authority will have a positive impact in pushing the development process forward, not only at the bilateral level between the two countries, but also at the level of the region as a whole, by contributing to the flow of investments and commercial activities, and increasing levels of economic cooperation. Share knowledge and encourage advanced innovation on a large scale. ”
In turn, the Director General of the Dubai World Trade Center Authority and the Department of Tourism and Commerce Marketing in Dubai, Hilal Saeed Al-Marri, said, "Our partnership with the Israeli Export Authority is an important step forward, as it is the beginning of a long-term commercial relationship and cooperation between the UAE and Israel."
He added, "We are facing a rapidly developing global situation, and we are confident that this cooperation will create unparalleled large and rapid opportunities for Emirati and Israeli companies looking to expand and spread in the markets in both countries, while achieving a wider economic impact throughout the region."
For his part, Israeli Foreign Minister Gabi Ashkenazi said, "The Ministry of Foreign Affairs has been working for years in the financial field in the Gulf countries in general, and I welcome this step that was taken in cooperation with the Israeli Export Authority, which will work to boost the Israeli and Emirati economies."
In the same context, the Israeli Minister of Economy and Industry, Amir Peretz, said, “The fruits of peace are ripening faster than we imagined. The trade agreement that was signed with the Dubai World Trade Center Authority is the first step towards a comprehensive trade agreement that will be signed during the coming weeks between the Ministry of Economy.” And the government of the UAE, and it will cover a wide range of areas that could pump billions of dollars into the Israeli economy.
He added, "This development and future large-scale agreements is a proof of the value of peace, and an alternative to unilateral activities. It is certain that it will achieve growth at the wider regional level, and for the Israeli economy in particular."
For his part, the head of the Israeli Export Authority, Adiv Baruch, said that "the normalization of diplomatic relations with the UAE is taking a tangible form and proceeding at a rapid pace. These agreements will create important commercial opportunities for Israeli industry, and will help link many businesses in the two countries."
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