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RF seeks to expand trade, econ, investment relations with CCASG

The parties also discussed measures to ensure collective security in the Persian Gulf

MOSCOW, May 24 (Itar-Tass) — Russia seeks to expand trade, economic and investment relations with member-countries of the Cooperation Council for the Arab States of the Gulf (CCASG), the Foreign Ministry reported on Thursday.

Commenting on the results of Wednesday’s ministerial meeting between Russian presidential special envoy for the Middle East, Deputy Foreign Minister Mikhail Bogdanov and CCASG Secretary General Abdul Latif bin Rashid Al-Zayani, the ministry said, “The parties discussed ways to further strengthen and develop cooperation between Russia and this sub-regional organization. Their cooperation reached a new level when both parties launched a strategic dialogue in November 2011.”

“They confirmed common drive for holding a regular round of talks in Moscow within mutually acceptable terms,” the ministry said.

Russia “showed interest in diversifying trade, economic and investment relations with CCASG states and their participation in different programmes”, the ministry stressed.

“The parties also discussed measures to ensure collective security in the Persian Gulf, including on the basis of the Russian concept. The meeting focused on other key regional issues, as well as the situation in Syria, the political process in Yemen and Iran’s nuclear problem,” the ministry said.

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