The General Director of INCONA gave an interview to the PROVED portal about the development of business relations between the Russian Federation and the UAE

26.12.2016

Alexey Busev, CEO of INCONA, gave an interview to the PROVED portal dedicated to the development of business relations between Russia and the UAE. The information occasion for the interview was the holding of the sixth meeting of the Intergovernmental Russian-Emirates Commission on Trade, Economic and Technical Cooperation. During the event held in Moscow under the chairmanship of the Head of the Ministry of Industry and Trade of Russia Denis Manturov and the Minister of Foreign Affairs of the UAE Sheikh Abdullah Al Nahyan, the Emirati side announced its readiness to double the volume of trade turnover in 2015 between the two countries.

According to Alexey Busev, who also holds the position of Chairman of the MCCI Commission for Foreign Economic Cooperation with the UAE, currently a significant number of domestic companies are successfully developing business in the Emirates. According to him, first of all, these are enterprises working in the fields of IT, production of equipment and construction materials, as well as manufacturers of security systems and food.

As the General Director of INCONA pointed out, the main attractive side of the United Arab Emirates is that this country is a convenient «entry point» for trade with countries of the entire Middle East region. This, among other things, is greatly facilitated by the presence of the world’s largest transport hubs in the Emirates. The UAE has a significant number of free economic zones with very attractive conditions for doing business in the emirates, including the absence of taxes and customs duties, as well as the availability of convenient and affordable infrastructure.