Israel sees trade with UAE at $4 billion a year

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Annual trade between Israel and the United Arab Emirates is expected to reach $4 billion, an Israeli minister said on Monday.
Israel and the UAE announced in August they would normalize diplomatic relations in a deal brokered by Washington.
The UAE has since announced it was scrapping an economic boycott on Israel and officials from the two countries have said they were looking at cooperation in defense, energy, medicine, tourism, technology and financial investment.
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