Dec 10, 2020

Maksim Zagornov conducted negotiations with the Deputy Ambassador of the UAE to Russia

On December 7, Business Russia hosted a meeting between Business Ambassador of Business Russia to the UAE Maksim Zagornov and Deputy Ambassador of the United Arab Emirates to the Russian Federation Hamad Al-Khebsi. The meeting was also attended by the first secretary of the Embassy Ahmad Al-Ketbi and the director of the international cooperation department of Business Russia Anton Slinchenko. The participants of the meeting were greeted by Vice President, Head of the Executive Committee Nonna Kagramanyan.

The main focus of the meeting was the development of business and investment cooperation between the Russian Federation and the United Arab Emirates, discussion of cooperation plans for 2021. The delegation of the Embassy assured the representatives of Business Russia that the promotion of business relations is currently one of the priorities.

«Relations between our countries have reached a strategic level. The visit of the President of Russia to the UAE gave an additional impetus to the development of interaction, — noted Hamad Al-Khebsi. — At the moment, great prospects for cooperation exist in the field of food production, technology exchange, food security, artificial intelligence».

Maksim Zagornov, in his turn, shared the success of Business Russia in the development of business cooperation with the Emirates. «Over the past few years, we have conducted a number of business missions, signed agreements with reputable organizations, opened a representative office in Dubai, and launched a business ambassador's website. Business Russia is a responsive, active organization, we promptly help Russian partners to enter the UAE market and Arab colleagues to participate in projects in Russia», — assured Maxim Zagornov. However, he noted that the issue of insufficient awareness of Russian businessmen about the opportunities of the Emirates market is still relevant. «Moreover, we understand that not all companies can afford opening of an office abroad, so we invite them to promote goods and services through our representative office», said the Business Ambassador.

Anton Slinchenko also added that Business Russia participates in the work of intergovernmental commissions, so Business Russia’s strategy of entering the United Arab Emirates market was approved at the 9th meeting of the Russian-Emirates Intergovernmental Commission in Abu Dhabi and was included into the final protocol.

Representatives of the Embassy expressed their hope for continuation of active interaction with Business Russia. An important direction, according to Hamad Al-Khebsi, is providing the UAE investors with clear information for work in the Russian market. «Our companies are ready to invest in Russia, in promising projects, in small-scale and medium-sized businesses, but it is necessary to understand the specifics of investing in your country», — he added.

Moreover, it was proposed to work out the organization of a number of business events in 2021, including mutual trips, conferences and meetings with the business community. «We also hope that the EXPO international exhibition will become a platform for the effective establishment of contacts between entrepreneurs of our countries», — said the employees of the UAE Embassy in Russia.