MOSCOW: The Russian Minister of Industry and Trade Denis Manturov will lead a delegation to the UAE next month, according to the Russian Business Council.
The visit, which will focus on enhancing business and trade ties, comes as Russia experiences its biggest political and military role in the Middle East since the collapse of the Soviet Union more than 20 years ago.
Minister Manturov’s delegation will include Russia’s First Deputy Minister of Economy Alexev Likhachev and representatives from other ministries including the Ministry of Energy, Igor Egorov, Chairman of the Russian Business Council in the UAE told media at the Global Trade Development Week conference in Dubai.
The delegation is scheduled to meet with Emirati counterparts with Abu Dhabi to host an intergovernmental meeting, he said.
The Russian government will likely be hoping to increase the amount of trade with the UAE, which Egorov said peaks at around $3 billion (Dh11 billion) annually and mostly made up of Russian exports of precious stones, metals and some military hardware.
