Russia — UAE Cooperation in the Energy Sector

... of maintaining a balanced global energy (oil) market, the desire to develop mutu­ally beneficial bilateral cooperation in both tra­ditional and “new” relations, seeking low-carbon energy, and achieving sustainable development goals. Generally, Russia-UAE participation in interna­tional organizations and agreements, such as the Paris Agreement, OPEC+, and several others, are based on fairly well-developed mechanisms of bilateral cooperation and mutual interests. The development of mutually beneficial eco­nomic cooperation between the two countries has been rather impressive. By 2022 trade turn­over ...