Israeli industry executives have stated that the cultural synergies between the UAE and Israel will provide great possibilities for food and beverage (F&B) trade between the two countries.
They made this comment during the event of Gulfood 2021, the world’s largest annual food and beverage trade exhibition dedicated to F&B industry in the MEASA region.
“Similarities between halal and kosher slaughter create tremendous opportunities between the UAE, Israel, and other GCC markets,” commented Rabbi Zvi Holland, director of special projects at Star K, which provides certification for the Jewish food Kosher.
“Companies that are serving one or the other markets can connect by making sure that they meet import-export requirements of both the countries. It is a tremendous opportunity and we are talking about countries that are heavily reliant on food imports. In order to export to Israel, you have to meet cultural requirements. You need to have a professional organization on your side to make it happen. Israel protein-heavy culture. Imports of meat is an incredible opportunity.”
He further pointed out that beef, meat and poultry have the largest trade growth potential, and Israel is extremely advanced in meat processing and this sector will love many related products.
The UAE and Israel have signed the Abraham Accord on September 15, 2020, to normalize relations between the two nations. Since then, bilateral trade in every sector has been growing at an unprecedented rate.
While speaking at the event, Mr. Gal Ben-Moshe, a well-known Kosher chef in Berlin, has said that there is a lot of potential for Israeli-UAE F&B companies in terms of sharing of knowledge and technologies.
“Israel exports premier products and UAE imports quality products so there is no reason to thrive on this cooperation. There are premium products on both sides to trade,” concluded Moshe.