Dubai and Russia’s trade rises after Russia-Ukraine war, plans to double in 5 years

लगानी न्यूज

२५ श्रावण २०८२, आईतवार १२:३५August 10, 2025

Kathmandu. United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan met with Russian President Vladimir Putin on Thursday. This is Dubai President Nahyan’s second visit to Russia in a year. Other countries have seen this as a sign of growing relations between the two countries.

Since the start TAG_OPEN_div_12 of Russia’s war with Ukraine, Dubai and Russia’s trade has increased sharply. According to Mohammed bin Zayed, trade between Russia and Dubai reached $ 11.5 billion in 2025. He said that there is a plan to double this limit within five years. Similarly, Zayed said that he will further strengthen relations with Euro Asia.

Russia-TAG_OPEN_div_10 UAE trade in 2022 increased by 68 compared to the previous year, according to russia’s trade ministry. Trade between Russia and Dubai reached $ 9 billion. The frequent meetings between the two countries have been kept as an international concern. International media reported that the two countries discussed ways to enhance cooperation in economic, trade, investment, energy and other areas that support joint development.

The United Arab Emirates has long been considered a close ally of the United States and a major military and intelligence partner. It is also russia’s most important economic partner in the Middle East. Russia and the United Arab Emirates signed a strategic partnership agreement in 2018. Since then, top leaders of the two countries have exchanged visits several times, according to international media reports.