Vladimir Putin’s recent visit to the Gulf Cooperation Council represented a pinnacle of Russia’s growing role in the Middle East in recent years. But while all eyes were on the Russian president’s two-day stay in Saudi Arabia, it was his short trip to the United Arab Emirates afterward that demonstrated the full magnitude of Russia’s prestige in the region and the depth of the relationship between the two countries.
From the moment Sheikh Mohammed bin Zayed Al Nahyan greeted Putin at the airport, it was clear that the Russian delegation would get a truly royal treatment in Abu Dhabi. From the sky that was painted in the colors of the Russian flag by Emirati aircraft to the traffic police cars that accompanied Putin’s limousine having been repainted to resemble Russian police vehicle, everything was made to impress the Russian delegation and demonstrate the kind of exclusivity the Emiratis attach to the relationship with Russia.
While Russia and Saudi Arabia are making initial steps to build stronger economic ties, the Russian-Emirati partnership looks exemplary. Last year Moscow and Abu Dhabi signed the Declaration on Strategic Partnership, a document that sets out goals for bilateral cooperation in various areas, from investment and oil market cooperation to combating terrorism.
The UAE is the largest trading partner for Moscow in the Gulf Cooperation Council, with the trade balance reaching $1.7 billion in 2018. Close to 1 million Russian tourists visited the UAE last year, spending $1.3 billion in the country, which puts Russians among the top vacation spenders there. A number of Russian oil companies have maintained presence in the country pursuing joint projects with Emirati counterparts: Gazprom Neft and Mubadala Petroleum develop fields in Siberia, while Lukoil was awarded a 5% gas concession by the Abu Dhabi National Oil Co. in the UAE.
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