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UAE and Russia's Trade and Investment Agreement Officially Takes Effect
๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates /Economy & Trade

UAE and Russia's Trade and Investment Agreement Officially Takes Effect

From Gulf Today · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • The United Arab Emirates and Russia have officially enacted their Trade in Services and Investment Agreement (TISIA).
  • This agreement aims to boost market access for services exports, enhance investor protections, and foster private sector collaboration.
  • The TISIA complements an existing economic partnership covering goods trade, strengthening overall bilateral economic ties.

The United Arab Emirates and Russia have officially put into force their Trade in Services and Investment Agreement (TISIA), a move that significantly advances their economic relationship. Signed in Moscow on August 8, 2025, during a visit by UAE President Sheikh Mohamed Bin Zayed Al Nahyan, the agreement was inked by UAE Minister of Foreign Trade Dr. Thani Bin Ahmed Al Zeyoudi and Russian Minister of Economic Development Maxim Reshetnikov.

The TISIA establishes a specific bilateral framework for services and investment. This framework works alongside the Economic Partnership Agreement between the UAE and the Eurasian Economic Union (EAEU), which focuses on regional trade in goods. Together, these agreements are designed to create new opportunities for private sector collaboration in high-growth services sectors and provide greater market access for services exports.

This official enactment is expected to strengthen investor protections and deepen economic ties between the two nations. It represents a structured approach to enhancing bilateral trade, building upon existing regional agreements and signaling a commitment to expanding economic cooperation.

DistantNews Editorial

Originally published by Gulf Today in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.