Translation. Region: Russian Federal
Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –
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An intergovernmental agreement on trade in services and investment was signed in the Kremlin on the sidelines of the meeting between Russian President Vladimir Putin and United Arab Emirates President Mohammed Al Nahyan on August 7. The document was signed by Russian Minister of Economic Development Maxim Reshetnikov and by the Emirates Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi.
The agreement forms the legal basis for increasing trade and investment cooperation between Russia and the UAE, significantly reducing barriers and opening up new prospects for companies in both countries. Stable and transparent rules for doing business and investment activities are established.
The document complements the free trade agreement in goods between the EAEU and the UAE, signed in June 2025. Together, these agreements create a comprehensive and inclusive free trade area, providing businesses in both countries with additional preferences compared to the rules of the World Trade Organization.
The agreement provides new opportunities for Russian companies to enter the UAE market and expand their presence. Thus, Russian service providers and investors will be able to operate without restrictions in such sectors as computer services, research and development, technical testing, technical consulting, computer backup in air transport, repair of sea and aircraft, rail transport, management services, educational, legal services. In addition, Russian companies are guaranteed the opportunity to open subsidiary banks, medical institutions and news agencies with 100% Russian capital in specialized free zones of the UAE.
The agreement will also facilitate the implementation of mutually beneficial joint projects in priority sectors such as energy, industrial production, and infrastructure. The parties will establish a Russian-UAE Investment Council, whose tasks will include expanding investment cooperation between the two countries and eliminating barriers to such interaction.
"The agreement will give new impetus to positive and mutually beneficial cooperation with the UAE. It will contribute to the expansion of bilateral trade and economic cooperation in trade in services, diversification of trade flows, expansion and deepening of cooperation ties," noted Maxim Reshetnikov.
Let us recall that the UAE President is in Moscow on an official visit. The focus of the high-level talks is the state and prospects for further development of multifaceted Russian-Emirati cooperation.
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