The fourth session of the Intergovernmental Russian-Emirati Commission on Trade, Economic and Technical Cooperation in Moscow discussed the issues of cooperation, focused on industrial, energy and investment cooperation. For the first time the issue on the transition to the national currencies has been raised.

The meeting was chaired from the Russian side by Minister of Industry and Trade of the Denis Manturov, from the Emirates – by the Minister of Foreign Affairs of the United Arab Emirates Shekh Abdullah bin Zayed Al Nahyan.

According to a participant, the head of the department for cooperation with federal authorities and the investment policy of Yakutia permanent representation under RF president Taras Popov, the meeting was held in a constructive atmosphere, the parties expressed their mutual desire to develop and strengthen cooperation for the interests of the two countries.

"The meeting discussed the feasibility of the development of relations between regions. The Government of the Sakha Republic (Yakutia) has expressed interest in attracting investment for Yakutia PDT projects of diamond and jewelry manufacturing "Diamond Valley", composite materials and products "Composite cluster", tourist and recreational orientation "Northern World", Taras Popov said.

The parties agreed on common objectives in trade, economic and investment fields, identified a list of promising joint projects in the field of energy, industry, construction and trade in the joint report on the meeting results.