Recently, which country has signed first Arab free trade agreement with UAE?

  • A. Australia
  • B. Israel
  • C. Italy
  • D. South Korea

Correct Answer: B. Israel

Israel has signed a free trade agreement with the United Arab Emirates, its first big trade pact with an Arab state. The agreement, which aimed at boosting trade between the two Middle Eastern nations, would encourage more Israeli companies to set up offices in the UAE, particularly in Dubai.

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