The United Arab Emirates opened an embassy in Israel Wednesday, housed in Tel Aviv’s new inventory trade constructing, within the newest normalization transfer beneath a deal brokered by Washington final 12 months.
The venue within the coronary heart of Israel’s monetary district highlighted the central function financial cooperation has performed because the UAE grew to become solely the third majority-Arab nation to acknowledge the Jewish state.
At the ceremony, attended by new Israeli President Isaac Herzog, Emirati ambassador Mohamed al-Khaja referred to as the embassy opening “an important milestone in the growing relationship between our two countries”.
“The UAE and Israel are both innovative nations, we can harness this creativity to work towards a more prosperous and sustainable future for our countries and our region,” he mentioned.
Herzog referred to as for the “historic agreement” with the UAE to be “extended to other nations seeking peace with Israel.”
Israel and the UAE have signed a raft of offers starting from tourism to aviation to monetary companies since normalizing ties as a part of the so-called Abraham Accords brokered by former US president Donald Trump’s administration.
Wednesday’s ceremony, held within the foyer of the inventory trade constructing two flooring beneath the embassy, got here after Israeli Foreign Minister Yair Lapid made a landmark go to to the UAE final month, opening an embassy in Abu Dhabi and a consulate in Dubai.
The Palestinians have been outraged by the UAE’s resolution to determine ties with Israel, which broke with many years of Arab consensus that there ought to be no normalization of ties and not using a complete and lasting peace between Israel and the Palestinians.
Following the UAE deal, Israel normalized relations with Bahrain, Morocco and Sudan, accords that additionally sparked Palestinian protests.
But Israel and UAE have sought to emphasise the financial dividend supplied by normalization.
Lapid advised Emirati media final month that bilateral commerce has reached over $675.22 million because the signing of the Abraham Accords in September 2020.
Israel’s spate of normalization offers have been agreed beneath former prime minister Benjamin Netanyahu.
Lapid was an architect of the coalition that ousted Netanyahu final month, however has, together with Prime Minister Naftali Bennett, vowed to maintain up Netanyahu’s coverage of pursuing deeper ties within the Arab world.