Economy Politics Local 2025-12-19T13:14:15+00:00

UAE and Russia Sign Agreement to Expand Trade Partnership

The Ras Al Khaimah Economic Zone has signed a memorandum of understanding with the UAE-Russian Business Council. The agreement aims to enhance bilateral cooperation and support long-term partnerships between the business communities of both nations.


UAE and Russia Sign Agreement to Expand Trade Partnership

The agreement was signed on the sidelines of the UAE-Russian Business Forum, in the presence of Abdullah bin Touq Al Marri, Minister of Economy and Tourism of the UAE, and Anton Alikhanov, Minister of Industry and Trade of Russia.

RAK: The Ras Al Khaimah Economic Zone (RAKZ) signed a memorandum of understanding with the UAE-Russian Business Council. The agreement aims to enhance bilateral cooperation, expand the scope of bilateral trade, and support long-term partnerships between the business communities of Russia and the United Arab Emirates.

The partnership focuses on increasing and diversifying the exchange. It was signed by CEO of RAKZ Rami Glad and Alexander Vinokurov, Chairman of the UAE-Russian Business Council.