Overview
UAE-Israel Comprehensive Economic Partnership Agreement
The UAE-Israel CEPA will enter into force on April 1st, 2023. The agreement enables businesses to take advantage of an array of new benefits, including:
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Greater market access for UAE products entering the Israeli market, covering more than 96% of tariff lines and 99% value of trade with Israel.
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An open and non-discriminatory environment for cross-border trade with Israel.
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Provides UAE service suppliers with access to Israel’s domestic services market in a range of sectors, including:
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Business Services
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Communications Services
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Distribution Services
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Environmental Services
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Financial Services
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Tourism and Travel Related Services
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Transport Services
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Establishes the rules for digital trade to ensure online consumer protection, enable the free flow of data, and the use of digital technologies in business while still protecting intellectual property rights.
The UAE-Israel CEPA includes 18 chapters
UAE-Israel CEPA Handbook
UAE-Israel CEPA Market Access Dashboard
UAE exporters can now benefit from greater market access through preferential tariff rates. Some products will be subject to zero tariffs from day one - others will see them reduced over time. To determine the tariff classification (the HS code for your product), review the dashboard and find the tariff line description that best represents your product. From there, you can view the preferential tariff rate for your product and calculate the charges.
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