Israel and United Arab Emirates developed the agreement on free trade

United Arab Emirates and Israel agreed about mutual cancellation of duties on a row of goods. The official newspaper Al-Ittihad reports on May 30 about it with reference to the statement of Ministry state economy Israel. According to journalists, the customs duties will be cancelled for 96% of percent of goods, including on products food and agricultural production, cosmetics, the medical equipment and drugs. The agreement also includes the provisions concerning regulation of the customs duties, spheres of services and government procurements. As expected, the agreement will be signed soon...