MOSCOW, Russian President Vladimir Putin is to go on a Gulf tour, which includes Saudi Arabia and United Arab of Emirates, from October 14 to 15, official media reported Thursday.
Putin’s visit to both countries is official and aims to mull over recent developments of the situations in the MENA region, the Russian President’s top foreign policy advisor Yury Ushakov said, according to TASS News Agency.
Furthermore, Putin will take part, alongside Saudi Crown Prince Mohammad bin Salman, in the first session of the Russian-Saudi economic cooperation council on October 14, noted Ushakov.
The Saudi Public Investment Fund has allocated some USD 10 billion for investment in cooperation with the Russian Direct Investment Fund, added the Russian diplomat.
He mentioned that Putin’s forthcoming visit to UAE would focus on discussing economic, trade, and humanitarian issues, in addition to developments of the situations in the region.
The Russian-Emirati talks would also tackle situation developments in Syria, Libya, Yemen, and the Arabian Gulf, added Ushakov.
He also said that Abu Dhabi currently holds the top rank among the region countries in terms of trade volume with Moscow, which has recently amounted to USD 1.7 billion.
Source: Kuwait News Agency