The ratification came after South Korea signed the FTA with Israel in May 2021 and after the countries finalized the deal in 2019 following three-year negotiations.
Israel and the United Arab Emirates finalized details for a massive free trade agreement worth hundreds of millions of dollars that builds on the Mideast allies' 2020 peace accords.
While working to finalize a free trade agreement and forge closer economic ties with Russia, Israel says it has a lot to share, including agricultural technologies.
Paraguay, which experienced massive flooding in the month of December, is the latest Israeli destination for providing expert humanitarian assistance to countries in need.
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