The UAE and Russia have signed a Trade in Services and Investment Agreement (TISIA) in Moscow during President Sheikh Mohamed bin Zayed Al Nahyan’s visit with Russian President Vladimir Putin. The accord, signed by UAE Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi and Russian Minister of Economic Development Maxim Reshetnikov, builds on existing trade frameworks by focusing on high-growth services sectors, including:
- Fintech
- Healthcare
- Transport & Logistics
- Professional Services
Strengthening Economic Momentum
While the Economic Partnership Agreement (EPA) with the Eurasian Economic Union addresses goods, TISIA provides a dedicated bilateral platform to drive investment and service trade with Russia.
- Non-oil trade in 2024: $11.5bn (+4.9% YoY)
- H1 2025 trade growth: +75.3% YoY
Part of a Larger Trade Vision
The TISIA is aligned with the UAE’s Comprehensive Economic Partnership Agreement (CEPA) programme, which targets $1.1tn in non-oil foreign trade by 2031, building on the record $816bn in 2024 (+14.6% YoY).
By easing market access, fostering investment, and creating opportunities for entrepreneurs, the UAE–Russia deal reinforces both nations’ commitment to long-term economic collaboration and positions the UAE as a key global trade hub.
