Russia-UAE trade ‘skyrocketing’ – Bloomberg ...News

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Turnover hit all-time highs last year and continues to grow despite Western sanctions on Moscow Economic cooperation between Russia and the United Arab Emirates has been on the rise despite Ukraine-related Western sanctions on Moscow, Bloomberg reported on Thursday. The outlet cited the Carnegie Endowment for International Peace as saying that Russian oil and precious metals flow into the emirates have recently soared while microchips and civilian drones were being supplied to Moscow. The report also quoted Goldman Sachs’ Jared Cohen as stating that the UAE is profiting from its position as a “geopolitical swing s

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