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UAE leaders discuss trilateral cooperation in Russia’s industrial zone in Egypt’s SCZone – Economy – Business


Pyramid Online Saturday, June 17, 2023

United Arab Emirates leader Sheikh Mohamed bin Zayed Al Nahyan discussed a Russian industrial zone project with Egypt in Egypt’s Suez Canal Economic Zone during a meeting with Russian President Vladimir Putin on Friday Possibility to establish tripartite cooperation.


Russian President Vladimir Putin, left, in the foreground, and United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan during the St. Petersburg International Economic Forum in St. Petersburg, Russia, Friday, June 16 Visited the exhibition in the United Arab Emirates, 2023. Associated Press

This suggestion is in Leaders of the two countries meet at St. Petersburg Economic Forum Putin praised the UAE’s relationship with Russia.

Industrial Zone Agreement is Originally signed by Egypt and Russia in 2018 The aim is to attract investment over the next fifty years.

Agreement reached in 2021 Further expand the area An area of ​​more than five million square meters.

As initially signed, the agreement will be renewed this year.

Russia and the UAE work closely together as members of the OPEC+ oil alliance, and Dubai is one of the few world capitals to maintain direct flights to Moscow after the Ukraine conflict erupts in February 2022.

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