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One Year into Abraham Accords, Israel's Trade with UAE Tops $570 Million
(Jerusalem Post) Zev Stub - A year into the Abraham Accords, $570 million in business has been done between Israel and the UAE, according to Israel's Central Bureau of Statistics. During 2020 and the first six months of 2021, Israel exported $197 million in goods and services to the UAE and imported $372 million. Dorian Barak, co-founder of the UAE-Israel Business Council, said, "The UAE is the business capital of the entire region. Every country has a presence there. Israelis are always looking for ways to do business in South Asia, East Africa, India and Bangladesh. These are markets with two billion people, and you can't work with them from Tel Aviv. The UAE is the place where everyone congregates to do business, and Israel has finally been admitted to that club."