RUSSIAN-GCC INVESTMENT COOPERATION: RECENT TRENDS


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Abstract

At the present time Russia is aiming to diversify its foreign trade relations and the geography of investment cooperation. Under the international economic sanctions initiated by the USA and EU, Russia has to strengthen cooperation with Asian, African and Latin American countries. This article analyzes the development of investment cooperation with the Arab countries, particularly with the Gulf Cooperation Council (GCC). Despite the impact of the economic sanctions Russia remains an attractive destination for investors from the GCC. Apart from oil and gas industry many other sectors have the potential for investment cooperation between the GCC and Russia.

About the authors

Irina Ahmed Zayn Aidrous

Peoples’ Friendship University of Russia

Author for correspondence.
Email: aidrous@mail.ru

Candidate of Economic Sciences, Associate Professor of the Department of International Economic Relations, Faculty of Economics, RUDN University

117198, Moscow, Miklukho-Maklaya str., 6

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