UAE President reviews strategic partnership before departing Moscow

Photo by ALEXEI NIKOLSKY / POOL / AFP

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan reviewed progress in UAE-Russia cooperation with President Vladimir Putin at the Kremlin, before concluding his official visit to Moscow on Thursday. 

The leaders' meeting focused on economy, trade, investment, space, and energy, as well as other areas that serve the development-focused priorities of both countries and reflect their aim of bolstering their strategic partnership.

The two countries signed a Trade in Services and Investment Agreement (TISIA), complementing the Economic Partnership Agreement signed between the UAE and the Eurasian Economic Union (EAEU), which includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan.

It provides a special bilateral cooperation framework focusing on services and investment, including in the areas of financial technology, healthcare, transportation, logistics, professional services, and others.

The agreement was signed on behalf of the UAE by His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, and on behalf of the Russian side by His Excellency Maxim Reshetnikov, Minister of Economic Development.

His Excellency Suhail Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, and Andrey Nikitin, Russian Minister of Transport, also signed a Memorandum of Understanding on cooperation in the field of land transport.

 

His Highness stated that UAE-Russia relations are based on mutual trust and respect, as well as deep-rooted and constructive engagement spanning more than 50 years. 

His Highness Sheikh Mohamed bin Zayed and His Excellency Putin also exchanged views on regional and international issues of mutual interest.

In this regard, His Highness affirmed the UAE's steadfast commitment to strengthening peace and stability while advancing diplomatic solutions both regionally and globally.

The two sides also discussed the importance of the Russia-Arab summit, scheduled to be held in October at the direction of His Excellency Putin, in strengthening Russia's relations with the Arab world.

His Highness Sheikh Mohamed bin Zayed and His Excellency Putin reviewed developments in the Middle East, underscoring the need to intensify efforts towards achieving a just, comprehensive, and lasting peace based on the two-state solution with the aim of promoting stability and security for all.

His Highness also expressed his appreciation to His Excellency Putin for facilitating the UAE's mediation concerning the exchange of over 4,000 prisoners between Russia and Ukraine, emphasising the UAE's continued willingness to further advance this humanitarian effort.

For his part, Putin welcomed His Highness to Russia, expressing his appreciation for the UAE's ongoing mediation efforts on prisoner exchanges.

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