The Trade Representation of Russia in the UAE takes part in online conference "Prospects for the Russian business in the UAE"
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20.10.2020 в 11:00

On October 20, 2020, Dr. Ara Melikyan, the Trade Representative of Russia in the UAE, took part in a panel discussion of the online conference "Prospects for the Russian business in the UAE" organized by the Industrial Zone of the Khalifa Port of Abu Dhabi (KIZAD). The Trade Representative talked about several big projects of the Russian companies currently being considered within the framework of KIZAD, including the creation of a food and grain hub, a Service and Warehouse Center of GAZ Automotive Group and the Russian Center for Technical Competences for Electric Power Equipment. At the same time, it was noted that the increase in the number of Russian companies registered in the free zones of the UAE is not an end in itself, especially in cases where it is simply a matter of capital evasion rather than setting up production or service chains.

The KIZAD online conference aroused great interest among the Russian business community, concentrated mainly in Dubai; and attracted 60 of its representatives, as well as a representative of the Abu Dhabi Investment Office.