A meeting of the RF-UAE intergovernmental commission with the participation of INCONA was held in Abu Dhabi

On February 17-18, the third meeting of the Intergovernmental Russian-Emirati Commission on Trade, Economic and Technical Cooperation was held in the capital of the UAE. The sides discussed topical issues of cooperation between the two countries. Alexey Busev, General Director of INCONA, acted as an expert of the intergovernmental commission.

The Russian delegation was headed by Industry Minister Denis Manturov. It includes representatives of the Ministry of Economic Development and Trade of the Russian Federation, the Ministry of Foreign Affairs of the Russian Federation, the Ministry of Agriculture of the Russian Federation, the Ministry of Education of the Russian Federation and other departments. From the Russian side, the event was also attended by the heads of the regions. Tatarstan was represented by the first person – the President of the republic Rustam Minnikhanov. The interests of domestic business in the UAE were voiced at the meeting not only by large corporations (KAMAZ, Rosneft, Gazprom, Rosatom, etc.), but also by small and medium-sized businesses.

The Emirati delegation was headed by the Minister of Foreign Affairs of the UAE A. Nahyan. It included representatives of the Ministry of Economy, the Ministry of Finance of the UAE Central Bank, the UAE Customs Administration and other departments. The event was also attended by leading Emirati companies — Ittisalat, Mubadala, Tani, ADNOK, Emirates Steel, Crescent Petroleum and others. Representatives of the Emirati companies expressed hope for the development of constructive cooperation with their Russian colleagues.

During the meeting, the Russian and Emirati sides agreed on positions on the most important areas of economic cooperation. INCONA provided expert support during the discussion of a number of issues. The participants of the intergovernmental commission touched upon the ratification of the intergovernmental agreement on taxes in the UAE on investment income, the creation of mechanisms for exchanging information on trade legislation, establishing cooperation in various industries, attracting investment and other issues of trade and economic cooperation between the two countries.