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11 billion dirhams the volume of trade exchange between the UAE and Russia

Moscow 29-08-2019 / WAM
Relations between the UAE and the Russian Federation have witnessed an important development in all fields, especially in the level of economic and investment relations, where the Russian Federation, whose capital Moscow is hosting tomorrow, is considered a summit of our most commendable meetings with the Moscow World Forum as an important economic and political partner for the UAE. The joint development and development at all levels and levels, in order to serve the objectives of building a genuine partnership that serves the interests of the two friendly countries.
The two countries signed several agreements, memorandums of understanding and economic, trade and investment protocols that contributed to strengthening and consolidating relations, which contributed to the increase in the volume of trade exchange by the end of 2018 by 21% compared to the previous two years, the volume of exchange to about 11 billion dirhams and the number of companies Some 3,000 Russian companies are registered and working in the UAE, while the number of Russian citizens residing in the UAE is about 16,000.
On the cultural level, Abu Dhabi hosted last year the Russian Folk Music Festival, which included 14 music programs over eight days in different parts of the capital Abu Dhabi, where more than 30 Russian artists participated in these performances.
In the field of space and joint cooperation between Russia and the UAE, which will result in September of the launch of the first flight of an Emirati astronaut to the International Space Station, while the Russian leadership was keen to participate in the activities of the exhibition «IDEX 2019» hosted by Abu Dhabi.
A number of ministers and senior officials from the UAE and leading experts and speakers from around the world will share their ideas and experiences on empowering communities and individuals. Core issues.

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