The UAE and Israel are in talks to advance economic cooperation and increase direct flights between the two countries.
This comes after non-oil trade between the two nations amounted to $700 million dollars during the first year following the signing of the Abraham Accords Peace Agreement.
The talks were held between Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, and the Israeli Tourism Minister Yoel Razvozov.
"The UAE-Israeli relations are steadily growing and we're determined to further develop them over the coming period," Al Falasi said, noting that Expo 2020 Dubai represents a valuable opportunity for the Israeli businesses to benefit from the opportunities up for grabs during the global fair.
Despite the movement restrictions associated with the pandemic, around 250,000 Israeli tourists visited the UAE over the past period.
The growth of business opportunities across priority sectors are also being considered an essential move in the advancement.