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China - United Arab Emirates Trade and Economic Relations

Author

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  • Anna Evgen`evna Gudzenko

    (Moscow State Institute of International Relations (University) MFA Russia, Moscow, Russia)

Abstract

The United Arab Emirates is a country known for large reserves of hydrocarbon raw materials, which are produced and exported by domestic companies. UAE companies are expanding trade and economic ties with many countries, including China. Chinese companies are primarily interested in investment opportunities in the oil and gas industry, the purchase and processing of hydrocarbons, and the growth of trade through Arab companies. UAE companies created a developed port economy in the country, an extensive infrastructure, consignment warehouses and organized the provision of the necessary transport services. In recent years, Chinese companies became interested in developing high-tech in the UAE, and leading UAE firms started to establish high-tech companies in China. The investment fund that was established to facilitate investments is an important means of cooperation.

Suggested Citation

  • Anna Evgen`evna Gudzenko, 2021. "China - United Arab Emirates Trade and Economic Relations," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 8, pages 86-95, August.
    • Handle: RePEc:alq:rufejo:rfej_2021_08_86-95
    DOI: 10.24411/2072-8042-2021-8-86-95
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