Israeli Prime Minister Benjamin Netanyahu said that there are "many more unpublicized meetings with Arab and Muslim leaders to normalize relations with the state of Israel" following its historic peace agreement with the United Arab Emirates brokered by the United States earlier this month.

The comment comes on the heels of a formal decree by the ruler of the UAE on Saturday ending the country's boycott of Israel, which has opened trade and commerce between the two nations. The decree formally eliminates a 1972 law on the UAE's books since just after the country's formation, which mirrored the widely held stance by Arab nations at the time that recognition of Israel would only come after the Palestinians had an independent state of their own.

Netanyahu said the UAE's decision opens the door for "unbridled trade, tourism, investments and exchanges between the Middle East's two most advanced economies" and thanked the Trump administration for their support in brokering the historic deal.

Netanyahu and White House adviser Jared Kushner make statements to the press about the Israeli-United Arab Emirates peace accords, in Jerusalem, Sunday, Aug. 30, 2020. (Debbie Hill/Pool Photo via AP)

"We could not seal this historic peace with the Emirates and with others that are in line without the tremendous support of our great and loyal friends from the United States of America," Netanyahu said.

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The UAE is the third Arab nation, after Egypt and Jordan, to currently have diplomatic relations with Israel.

In recent years, the UAE has held quiet talks with Israel and allowed Israelis with second passports into the country for trade and talks. Opening ties may also help the Emirates access advanced American weaponry, like the F-35 fighter jet that right now only Israel flies in the Mideast.

"Israel continues to be strengthened and is one of our highest priorities of the Trump administration," U.S. National Security Advisor Robert O'Brien said. "Our two nations have never been closer."

O'Brien, left, Netanyahu, center, and White House adviser Jared Kushner make joint statements to the press about the Israeli-United Arab Emirates peace accords, in Jerusalem, Sunday, Aug. 30, 2020. (Debbie Hill/Pool Photo via AP)

Israel is set for its first commercial passenger flight to the United Arab Emirates on Monday.

The plane will carry U.S. and Israeli officials, including President Donald Trump's son-in-law, Jared Kushner, National Security Adviser Robert O’Brien, Mideast envoy Avi Berkowitz and envoy for Iran Brian Hook.

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The Associated Press contributed to this report.