Russia Trade

UAE signs deals with Russia and tightens trade relationship

An Emirati delegation to the Innoprom exhibition met Russian officials and discussed commercial issues that included a free-trade agreement

UAE President Mohamed bin Zayed welcomes Russian President Vladimir Putin with an official ceremony at Qasr Al Watan in Abu Dhabi on December 6, 2023. (Photo: UAE Presidential Court via Getty Images)

The UAE signed a series of deals and preliminary agreements with Russia this week at the Innoprom industrial exhibition in Yekaterinburg, Russia’s fourth largest city.

Led by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology and Group CEO of state energy company ADNOC, the Emirati delegation met Russian officials and discussed a variety of issues that included concluding a free-trade agreement and improving supply chains in agricultural technology, The National reports.

“We anticipate the removal of excessive barriers to mutual trade in the near future,” Russian Industry and Trade Minister Anton Alikhanov said,” Russian President Vladimir Putin noted during a visit to Abu Dhabi in December that the UAE is his country’s leading investor and trade partner in the Middle East.