Russian Deputy Prime Minister Marat Khosnullin stated that trade and economic cooperation between Russia and the UAE is developing successfully, despite pressure from the West.
The Russian official said in a post on the “Telegram” channel yesterday: “An active friendly dialogue has been established between Russia and the UAE, and the direction of this cooperation is determined by the leaders of our two countries, who maintain close contact between them. It is important that, despite the pressure of the West, the Trade and economic cooperation between Russia and the UAE is developing successfully.
The Russian Deputy Prime Minister also indicated that trade between Russia and the UAE has increased by about 6 times over the past five years and reached a record level of $9 billion last year.
Khosnullin said, “The flow of Russian capital to the Emirates is also increasing. Our businessmen are showing great interest in building production lines in the UAE. Cooperation in the field of tourism deserves special attention, as the UAE is one of the five most foreign countries.” popular among Russian tourists.
Yesterday, Thursday, the Russian Deputy Prime Minister and President of the Russian Republic of Tatarstan, Rustam Minnikhanov, held a working meeting with the UAE Minister of State for Foreign Trade, Thani bin Ahmed Al-Zeyoudi.
The meeting was held on the sidelines of the events and activities of the “Russia – Islamic World” forum, which was held in Kazan, the capital of the Russian Republic of Tatarstan, on the 18th and 19th of May.
This article was originally published by RT.