Marat Khusnullin, Deputy Prime Minister of the Russian Federation reported Khusnullin reported on his Telegram channel that the trade between Russia and the UAE has grown sixfold in the last five years, reaching $9 billion at the end of 2022. Khusnullin stressed that this is a record.
“The successful development of commercial and economic cooperation between Russia and the UAE, despite pressure from the West, is important. After a joint meeting with Khusnullin, Tatarstan President Rustam Minnikhanov and UAE Minister of State for Foreign Trade, Thani bin Ahmed, the trade turnover in the last 5 years has reached almost 6 percent. doubled and reached a record level of $9 billion last year, says Al Zeyudi.
Khusnullin noted that the flow of Russian capital to the UAE has also increased.
Our businessmen show great interest in manufacturing in the United Arab Emirates.”
Khusnullin also noted that cooperation in the field of tourism has developed.
Earlier it was reported that Russia has significantly increased trade with a number of other countries. For example with India, China, Middle East and North African countries, Belarus.