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Russia-UAE trade turnover tops $2 bln

May 19, 14:14 UTC+3 KAZAN

"The UAE is going to develop economic ties with Russia in every possible way," Abdullah bin Ahmed Al Saleh said

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KAZAN, May 19. /TASS/. Russia’s economic cooperation with the United Arab Emirates reached $2 bln last year, Under-Secretary of the UAE’s Ministry of Economy for Foreign Trade and Industry, Abdullah bin Ahmed Al Saleh, said Friday.

"Our economic cooperation with Russia has resulted in an increase in trade turnover between the two countries, which exceeded 2 bln dollars last year," he said, adding that "more than 4,000 Russian companies operate" in the country now.

"The UAE is going to develop economic ties with Russia in every possible way. Our relations have been particularly actively developing in recent years backed by a variety of signed agreements on cooperation in various fields - in the industry, transport, nuclear energy field," he said.

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