Foreign Minister Gabi Ashkenazi said the agreement would pave the way for peace agreements with other nations and welcomed the suspension of unilateral annexation. Yesh Atid`s chairman Yair Lapid welcomed the agreement as a “important step” for normalization with the UAE and said it showed mutual agreements are the path to be path to be path for Israel`s relations with other nations, instead of unilateral steps like annexation. The president of the Israeli Workers` Party, Amir Peretz, also shared this view and said that Israel`s development and security were in such agreements. He hoped for a similar agreement with the Palestinians.  Kuwait`s long-standing position on this issue was taken into account after the announcement.  On the day of the announcement of seven movements in the Assembly, composed of liberals, Shiites, Islamists and Arabs, among other blocs that condemned the treaty, a joint statement was made.  41 deputies (out of 50) signed a letter against standardization on the day of the reintroduction of Parliament, and a stand was held in front of the Palestinian Embassy in Kuwait.  Several ong have also made similar statements.  Israel currently has standardization agreements with four Arab countries – Egypt, Jordan, Bahrain and the United Arab Emirates – but so far only the United Arab Emirates has agreed to allow Israelis to travel without a visa. It should be noted that even Israel`s closest ally, the United States, has so far refused to sign a visa waiver agreement with the Jewish state.
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. Palestinians expressed anger at the agreements by firing rockets from Gaza at Israel during the ceremony at the White House. President Trump also hopes the deal signed in Washington last month will give him an electoral boost. U.S. Treasury Secretary Steven Mnuchin said the agreements could change the Middle East. The agreements are two of four “concrete practical cooperation agreements” between the United Arab Emirates and Israel on Tuesday in Tel Aviv as part of a trilateral summit in which the United States participated, Israeli Prime Minister Benjamin Netanyahu said in a speech at the summit. Cooperation with visa-free, the first agreement between an Arab country and Israel, will allow their respective citizens to travel to the other country without a visa.
Israel`s airports are far from Iran. The United Arab Emirates is located just across the waters of the Gulf. That would be very important if we were to talk again about airstrikes against Iran`s nuclear facilities. “Economic cooperation in the financial and investment sector will be implemented after the signing today of the agreement on investment promotion and protection. On 16 August 2020, Israel and the United Arab Emirates opened direct telephone services.  The emigrating company APEX National Investment and the Israeli group Tera have signed an agreement on partners in research on COVID-19, making it the first commercial contract between the companies of the two countries since the normalization of relations.  Mossad Director Yossi Cohen arrived in the United Arab Emirates on 18 August to discuss security policy cooperation, regional developments and issues with national security advisor Tahnoun bin Zayed Al Nahyan with National Security Adviser Tayoun al-Zayed Al Nahyan.