Dubai: Abu Dhabi Ports and the Russian Trade and Economic Development Council signed a memorandum of understanding to strengthen trade links between the UAE and Russia.

The memorandum is also meant to boost economic cooperation between the two companies, as well as increase awareness among Russian companies about investing in the Khalifa Industrial Zone Abu Dhabi (Kizad) and Khalifa Port Free Trade Zone.

The Russian Trade Council said it sees potential for Russian investors to build industrial facilities and innovation centres in the UAE.