Russia and the UAE have signed an agreement on trade in services and investments

16:50; 07 August 2025 year

Following the talks between the heads of state of Russia and the UAE, agreements on trade in services and investments were concluded. This is reported by the press service of the Government of the Russian Federation.

Thanks to the signed agreement, Russian companies gain access to the UAE market in 104 subsectors of services. They are allowed to open subsidiaries with 100% Russian capital in such areas as education, computer services, research and development, technical testing, technical consulting, computer redundancy in air transport, repair of ships and aircraft, management services.

Russian companies are also allowed to establish subsidiary banks and medical institutions in the Emirates special economic zones.

gt;Russia, in turn, opens up such areas for Emirati companies as: repair and maintenance of marine vessels, rental of crewed vessels, air transport and educational services, research and development.

"We hope that the agreement will give an additional impetus to the development of bilateral trade. According to our estimates, our trade turnover may increase by more than 40% by 2030," said Maxim Reshetnikov, Head of the Ministry of Economic Development, following the signing of the documents.

According to him, the agreements reached will allow increasing imports, as well as doubling exports of services to the UAE by 2030.

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