The war in Gaza has reshaped Israel’s relations with its Arab and Muslim neighbors in a broad variety of ways, including in the economic sphere. In recent years, Israel managed to develop significant economic cooperation with countries across the Middle East. These efforts have included increased trade volumes, collaboration on water use and energy production, new investments, and technology transfer. Agreements were signed, ministerial visits took place, minilateral initiatives came to life, economic corridors were envisioned, and the future seemed promising.
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