Russia’s trade turnover with Middle East and North African countries increased by 83% in 5 years

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The volume of goods trade between Russia and the countries of the Middle East and North Africa (MENA) increased by 83% in 5 years. This was expressed by the Russian Minister of Economic Development Maxim Reshetnikov in his speech at the Annual Investment Forum (Annual Investment Meeting, AIM) in Abu Dhabi, Wrote agency TASS.

“In the last five years, Russia’s trade with MENA countries has increased by 83% and reached 94.9 billion dollars,” said the minister.

According to Reshetnikov, partners in these regions understand that the vacant niches in the Russian market are new opportunities to develop their business.

Reshetnikov before May 8 declarationThe Eurasian Economic Union (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia; EAEU) discussed the creation of a free trade zone with Egypt and the United Arab Emirates (UAE).

TASS agency this week Wrote On the organization of the visiting session of the St. Petersburg International Economic Forum 2023
AIM on the sidelines of the largest investment forum in Abu Dhabi.

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