IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 Aug 2020 | Removal date: open ended

FDI: Entry and ownership rule

On 29 August 2020, ruler of UAE Sheikh Khalifa bin Zayed Al Nahyan issued federal law no. 4 of 2020 that abolished federal law no. 15 of 1972 boycotting Israel. The new law allows Israelis to invest, exchange and possess Israeli goods in UAE. 

The new law comes as part of UAE-Israeli peace treaty that exerts efforts to expand commercial and diplomatic cooperation to stimulate economic growth and technological innovation. 

AFFECTED COUNTRIES

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