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This normalization agreement was followed by official confirmation of the one with Sudan, as well as others with Bahrain and Morocco. On 31 May 2022, Israel and the United Arab Emirates signed a free trade agreement, the first of its kind between Israel and an Arab state. [9]
1971 – the United Arab Emirates, Oman, Qatar and Bahrain join the Arab League. 26 November 1973 – Mauritania joins the Arab League thirteen years after independence. 14 February 1974 – Somalia joins the Arab League fourteen years after independence. 9 September 1976 – Palestinian Liberation Organisation joins the Arab League. [15]
The Israel–United Kingdom free trade agreement (IUKFTA) is a proposed free trade agreement which began negotiations on 20 July 2022. [1] The trade agreement would be the third FTA to cover Israel–UK trade, and superseding the Israel–UK Trade Continuity Agreement, extending the deal to cover services and digital trade. [2]
The I2U2 Group is a grouping of India, Israel, the United Arab Emirates, and the United States. The group's first joint statement, released on July 14, 2022, states that the countries aim to cooperate on "joint investments and new initiatives in water, energy, transportation, space, health, and food security."
During his visit in Israel in April 2013 Foreign Minister of Cyprus has expressed his enthusiasm that as Cyprus has financial and economic problems, the energy cooperation agreement between Cyprus and Israel is a bright spot in that will boost hopes for a quick recovery by 2014. [23]
United Arab Emirates Free Trade Agreement Negotiations started in 1990, suspended since 2008 [80] Central Africa Central African Republic Chad Republic of Congo Equatorial Guinea Gabon Democratic Republic of Congo São Tomé and Principe Economic Partnership Agreement Negotiations started in 2003, paused until further notice in 2011 [80]
[1] [2] According to Axios reporting on March 10, 2021, "While Israel has presented Sudan with a draft agreement for establishing diplomatic relations, the Sudanese want an endorsement from the Biden administration." [3] The agreement came after the agreements of Bahrain and the United Arab Emirates signed with Israel in September 2020. [4]
Only six Arab states in the region recognize the State of Israel: Bahrain, Egypt, Jordan, Morocco and the United Arab Emirates, as well as the State of Palestine. After the 2008–09 Gaza War, the League of Arab States countries had suspended their relations with Israel. [23]