The decision was announced at AIM Global 2023 International Investment Forum in Abu Dhabi during a meeting between Maxim Reshetnikov, the RF Minister of Economic Development and Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade.
The agreement will include provisions on investments protection and promotion, as well as the terms expanding cooperation between countries in the field of tourism.
The main agreements are planned to be reached by the end of this year.