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UAE to open 64 sectors to Russian business: agreement enters into force

Economy
633 13.09
UAE to open 64 sectors to Russian business: agreement enters into force
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Russia and the UAE have signed an agreement on investments and services: the Emirates are opening 64 sectors for Russian companies, including transport and research, and Russia is opening 12 business areas from the UAE.

The Russian Ministry of Economic Development has prepared a draft law on the ratification of the agreement with the United Arab Emirates, signed in August 2025. The document defines the terms of trade in services and investments between the countries and establishes the rules of business interaction.  

As part of the agreements, the Emirates opens access to 64 sectors and subsectors for Russian companies. These include research and development, rail transportation, and a range of manufacturing services. For some areas, including ship rentals, passenger shipping and engineering services, Russian companies will be able to participate up to 70% in the capital of Emirati organizations. In other areas, access is set at 100%.  

Russia is opening 12 business destinations from the UAE. In particular, Emirati companies will receive the right to one hundred percent participation in the capital of Russian enterprises in the field of education and healthcare. In addition, businesses from the UAE will have the opportunity to open branches in the retail, hotel and restaurant business segments.  

The agreement also provides for the lifting of restrictions on payments and transfers related to trade in services between the two countries. A special investment council will be established to coordinate the work and improve the conditions for capital movement.  

Experts note that the new measures can significantly strengthen economic cooperation between Russia and the UAE. This is a chance for Russian companies to enter the promising Middle East market, and for Emirati businesses to expand their presence in Russia and diversify investments.
 

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