Russian Finance Minister Anton Siluanov and UAE Minister of State for Finance Mohammed bin Hadi Al-Husseini signed an agreement on the elimination of double taxation. The document was adopted on February 17 in Abu Dhabi during the first meeting of the Russian-Emirati Financial Dialogue.
The Intergovernmental Agreement concerns taxes on income and capital and was adopted to prevent tax evasion. This measure is designed to stimulate trade and the growth of mutual investments.