Israel UAE | Business Guide | 2021

offered by start-up companies helped Israel tide over difficult situations. Israel’s proximity to theGulf States sets up an interesting scenario in the management for logistics, trade and commerce. New trading links need to be conceived - so geography and strategic locations of the ports of the UAE and Israel will create a win-win situation, enabling goods and services to reach most of the world in far less time than earlier. Howcan operational costs and waste be reduced? Need for Investments Substantial investmentswill need to be made in order to address these issues and this can be done in a collaborativeway between the two sides. Various arrangements between airlines have already beenmade. Routes can be shared. Similarly, steps have already been taken in shipping and handling of cargo. Delegations from both sideshavemetwitheachother and joint strategies are beingmapped out. This is to the credit of both. Israel’s strides in digitalization and start-up culture can be leveraged to provide solutions to hurdles in promoting cooperation between the two countries. E-Commerce can be speeded up in order to forestall any challenges that a continuing Pandemic or other universal disruptive forces can create. This can indeed make the cooperation that the AbrahamAccords offer hugely beneficial to logistics in both places. 71