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UAE and Russia in talks

posted on 12/11/2008: 761 views

Steps to strengthen bilateral relations and ways of consolidating economic and investment co-operation between the UAE and Russia were discussed during a meeting held in Abu Dhabi between General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Russia's First Deputy Prime Minister Igor Shuvalov.

Both countries are keen to develop reciprocal investment opportunities through the encouragement of business sectors in establishing joint ventures.

Sheikh Mohammed praised the progress of bilateral relations and aspects of joint work between the UAE and Russia. He said the relations between the two friendly countries are distinctive and depend on reciprocal understanding and respect and maintaining of joint interests.

Shuvalov said Russia is interested in the bolstering of friendly ties with the UAE. He praised the economic relations between the UAE and Russia. Global financial crisis was also discussed during the meeting in the UAE capital. – Emirates News Agency, WAM


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