August 13, 2022

Dubai Week

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The United Arab Emirates hosts the Arab-Russian Business Council

The United Arab Emirates hosts the Arab-Russian Business Council

Dubai: “Gulf”

The UAE hosted the work of the Economic Forum of the Arab-Russian Chamber of Commerce under the theme “Russia and the Arab World .. New Opportunities in a New Reality” within the activities of the “Expo 2020 Dubai” Exhibition. With the support and sponsorship of the Federation of Chambers of Commerce and Industry in the United Arab Emirates, the Federation of Arab Chambers and the Arab Chamber of Commerce of Russia, the Tawasun Economic Council (Tawazun) and the Mubatala Investment Agency and many other officials, Ministry of Foreign and International Cooperation, Ministry of Economy, Russian Foreign Trade and Several Arab and Russian economic and cooperative media organizations, including the Ministry of International Cooperation, the Sharjah Chamber, the Emirates Business Women’s Council and the Russian Business Women’s Council. The visit was different from the Arab side, which was represented by 16 Arab countries, with senior officials, business owners, companies, leaders and representatives of Arab associations and rooms, led by Abdullah Mohammed al-Masroui, president of the Arab Rooms Federation. President of the Federation of Emirates Chambers.

The forum was attended by the Minister of Foreign Affairs of the United Arab Emirates, Dr. Thani bin Ahmed Al Jaudi, who addressed the opening ceremony and praised the economic and trade relations between the United Arab Emirates and Russia. We look forward to the vast opportunities for cooperation in the various manufacturing, industrial, energy and water sectors.

On behalf of the Russian Foreign Minister Sergei Lavrov, the Ambassador of the Russian Federation to the United Arab Emirates Timur Zabirov also spoke, emphasizing the friendly and cordial relations between Russia and the Arab world. Growing to reach the highest levels.

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In its two-day sessions, the forum was attended by leaders and secretaries of several Arab chambers, advisers and experts from the Arab and Russian sides, and the forum discussed the possibilities for improving Russian-Arab relations in the new global reality. , And ways to foster Arab-Russian cooperation in a number of areas, including finance, investment and information systems, the digital economy, the agricultural sector, food security issues, medicine, pharmacy, logistics and services.

Discussed the role of female entrepreneurs in the light of new global trends and the role of Arab and Russian unions in assisting Russian and Arab exporters, ways to strengthen Arab-Russian trade partnerships and mitigate the shocks caused by diffusion. Corona virus in the last two years.

Participants in the forum stressed the importance of relations and improving them to the level of strategic relations so that both sides can benefit from them, especially in investing in new sectors including modern and developed sectors and in agriculture and infrastructure. , And clean energy fields.

Participants stressed the importance of increasing the volume of trade in recent years, which shows positive developments in economic relations between Russia and the Arab world. Participants Despite the corona epidemic, the relationship of cooperation is moving towards a sustainable and evolving path, and both sides are eager to document it and elevate it to the level of strategic cooperation.

The forum saw the signing of an agreement between the Arab and Russian Business Women’s Council to strengthen ties and exchange expertise and experience.