Tuesday 10 October 2023

#UAE, after #Israel-Gaza conflict, says it does not mix trade with politics | Reuters

UAE, after Israel-Gaza conflict, says it does not mix trade with politics | Reuters

The United Arab Emirates does not mix trade with politics, the country's trade minister said on Tuesday when asked whether the conflict between Israel and Hamas would impact economic agreements.

"We don't mix the economy and trade with politics," Thani al Zeyoudi told reporters in Dubai.

In March, a Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into effect, Israel’s first free trade agreement with an Arab state.

The UAE was the first Gulf country to normalise relations with Israel in 2020, breaking with decades of Arab policy toward the Palestinian cause.

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