Today in Abu Dhabi, an important event took place - the signing of an agreement between two countries to prevent double taxation, where issues aimed at strengthening cooperation and global tax initiatives were discussed. Representatives from the UAE and Russia participated in the event.
Opening the UAE-Russia Strategic Financial Dialogue, Mohammed bin Hadi Al-Husseini stated: "We are committed to strengthening mutual investments and financial cooperation." He also emphasized that the signing of the agreement to prevent double taxation by Russia confirms the UAE's obligation to create a favorable investment environment for sustainable economic development.
Taking part in the event, the representative from Russia, Anton Siluanov, the Minister of Finance, noted the importance of the strategic dialogue between Russia and the UAE and their joint commitment to deepening cooperation. After the signing of the agreement, he underscored that now new opportunities are open for trade, investment, and ensuring a transparent and competitive tax environment.
The forum included four panel discussions dedicated to the most important aspects of financial cooperation, which highlighted critical areas of joint work. The development of cooperation in multilateral financial structures, increasing participation in international financial institutions, and agreements were also priorities for discussion.
Other sessions addressed issues of public-private partnerships, innovative financing models, and global tax policies, as well as the development of global trends affecting the financial sector. Participants in the forum emphasized the importance of focusing on these issues, as collaboration in these areas could significantly impact the sustainable development of both countries.
Mohammed bin Hadi Al-Husseini and Anton Siluanov noted that their efforts are aimed at strengthening the economic sustainability of the UAE and creating new prospects for future growth.
