How Long Is The Abraham Accord Agreement

You can now travel to Dubai and Abu Dhabi (and perhaps soon to Morocco and Sudan and Oman). This agreement could partly remove the overwhelming sense of isolation that Israelis feel in their own neighbourhood. Following the agreement signed between the parties in Abu Dhabi on 1 September 2020, the parties are cooperating to deepen and rapidly expand bilateral investment relations and place a high priority on the conclusion of financial and investment agreements, while recognizing the key role of these agreements for the economic development of the parties and the Middle East as a whole. The parties reaffirm their commitment to protecting investors, consumers, market integrity and financial stability and maintaining all applicable regulatory standards. The parties also recognize that they should jointly promote regional economic development and trade in goods and services and strive to promote cooperation in strategic regional infrastructure projects and envisage the creation of a multilateral working group on the Tracks for Regional Peace project. The government of the Libyan national agreement condemned the agreement as an “unsurprising betrayal of the United Arab Emirates.” [95] Sudanese Foreign Ministry spokesman Haidar Sadig was fired for making comments of himself calling the agreement a “courageous and courageous gesture,” while claiming that there were secret contacts between Sudan and Israel. [96] Sudanese Prime Minister Abdalla Hamdok told Pompeo on 25 August that his transitional government had “no mandate” to establish relations with Israel and that this could not be decided until after the election of a democratic government. [97] Yousef Al Otaiba, the UAE`s ambassador to the United States, issued a statement on 13 August in which he hailed the agreement as a “victory for diplomacy and for the region,” adding how it “reduces tensions and creates new energy for positive change.” [7] [47] Prime Minister Netanyahu said there was “no change” in his plan to anchor part of the West Bank if approved by the United States, but added that they would be temporarily put on hold. [33] Prior to the agreement, the plan to annex the West Bank by 30% had already been frozen, with the majority of Israelis and government coalition partners Benny Gantz rejecting the plan. Hundreds of thousands of Israeli settlers live in the territories, in addition to Palestinians who in practice were under Israeli control. [34] On August 21, Prince Turki bin Faisal Al Saud wrote in an obvious response to Trump, who said on August 19 that he expected Saudi Arabia to accede to the agreement, that the price to pay for normalizing relations with Israel was the creation of a sovereign Palestinian state with Jerusalem as its capital.