TRADE& BUSINESS
TRADE AND TOURISM ON THE RISE AMONG ABRAHAM ACCORDS STATES An active U.S. role is seen as critical in encouraging other countries to join the circle of peace, the Abraham Accords Peace Institute reports
T ies among Abraham Ac - cords nations are grow- ing stronger despite the normalization agree - ments’ lack of popularity in the Arab partner countries. This is according to the Abraham Accords Peace Institute (AAPI)’s recently released 2022 Annual Report, which examines avenues to improve and expand the agreements initiated by
President Donald Trump in 2020. Normalization deals have been signed by Israel, the United States, the United Arab Emirates, Bahrain, Morocco, Sudan and Kosovo. Trade Total trade between Israel and the Abraham Accords countries increased from $593 million in 2019 to $3.47 billion in 2022. Israel imported $2.57 billion
worth of goods and services from these countries last year, up from $378.3 three years earlier, and exported $903.9 million in goods and services, up from $224.8. million. Tourism Some 5,200 tourists entered Israel from the United Arab Emirates, Bahrain, Morocco, Kosovo and Sudan in 2022 (up from 3,500 in 2019), as
compared with 470,700 Israeli tourists visiting those same countries in 2022 (up from 39,900 in the earlier period). Asher Fredman, the director for Israel at AAPI, said that this disparity in numbers comes for several reasons. “Given the seven-plus decades of anti-Israel demonization and misinformation that was prevalent in these countries, it
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