For the first time, the UAE will enter the top twenty leading foreign economic partners of Russia

Moscow, February 23 – For the first time, the UAE will enter the top twenty leading foreign economic partners of the Russian Federation, Russian Deputy Foreign Minister Mikhail Bogdanov said in an interview with the News Agency.

He pointed out that the record high level of trade between countries in 2022 “puts the UAE at the forefront of the Arab countries in this indicator and allows it to enter Russia’s twenty largest foreign economic partners for the first time.”

“Russian companies consider the UAE a convenient production and logistics center for organizing export deliveries, importing required components, equipment and materials into Russia. In particular, the creation of a Russian industrial cluster in the Kizad Free Economic Zone near Abu Dhabi is seen as promising.”

The deputy minister emphasized that Moscow welcomes the UAE leadership’s intention to act as a guest country at the next forum in St. Petersburg in June.