Jun 27, 2022

Business Russia Trade House in the UAE: four months of active work

Business Russia Trade House in the UAE continues to actively work on export projects of the business association members. Over 4 months, more than 100 requests have been received from the owners of Russian companies. Most of the requests were related to the registration of companies and the opening of settlement accounts in the UAE, as well as the organization of export deliveries through the Emirates. Some of the counter requests were also received from representatives of the Emirati business.

According to Maksim Zagornov, business ambassador of Business Russia in the UAE, today Business Russia Trade House in the UAE has become an independent structure capable to provide a wide range of services for bringing Russian companies to the Emirati market: from company registrations and opening settlement accounts to the complete relocation of Russian business in the Emirates.

Business Russia Trade House in the UAE was officially presented in early February this year. During this period, all business processes were smoothed out, an international team of foreign trade specialists both in the Russian and the Emirati offices was expanded, and a significant part of entrepreneurs' requests were brought to the results. In general, it can be said that Business Russia Trade House in the UAE has become an effective structure for providing operational assistance to Russian companies aimed at doing business in the Emirates," said Maksim Zagornov, business ambassador of Business Russia in the UAE.

Over four months of work, Business Russia Trade House in the UAE received over 100 requests from owners of Russian companies from different regions of the country. Most of the requests were related to the registration of companies in the UAE – both in the main territory of the Arab Emirates (Mainland) and in Free Economic Zones (Free zone). According to specialists of the Trade House, DMCC, KIZAD, RAKEZ, DWTC and others have become the most popular Free Economic Zones among Russian entrepreneurs.

A significant part of the requests also involved the export deliveries of goods, raw and other materials through the Emirates. At the moment, Business Russia Trade House in the UAE implements several analogous projects, the algorithms for this work and alternative logistics routes have been worked out.

Requests for comprehensive promotion of goods and services of Russian companies, search for customers, partners and distributors in the UAE remain popular. Several Russian companies from the IT, food, cosmetic industries, etc. are currently being accompanied by the Trade House.

Business Russia Trade House in the UAE receives requests from representatives of the Emirati business. As a rule, they are connected with assistance in the supply of raw materials and materials from Russia (in particular, mineral fertilizers), as well as the comprehensive promotion of goods and services on the territory of the Russian Federation. "Such mutual interest testifies to the attitude of entrepreneurs of both countries to long-term business cooperation," Maksim Zagornov emphasized.

For the prompt exchange of actual requests from both the Russian Federation and the UAE, a unified online platform has been created - the website of Business Russia Trade House in the UAE (the "Projects" section). All current news and queries are also published in Telegram channel "Russia-UAE Trade House".

If you are interested in cooperation with Business Russia Trade House in the UAE, please contact the project team: +7 904 813 53 83, info@tradehouse-rus-uae.com