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UAE will not ‘jeopardize’ rules to attract Russian wealth: Trade minister

The Emirates has been criticized for hosting companies engaged in sanctions-busting following the Russian invasion of Ukraine, but is making efforts to clean up its act.
Russian President Vladimir Putin meets with United Arab Emirates President Sheikh Mohamed bin Zayed Al-Nahyan in Saint Petersburg on Oct. 11, 2022.

The United Arab Emirates’ top trade official said Thursday that the Gulf state is committed to complying with international sanctions on Russia

UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi spoke at a virtual event hosted by the Washington-based Atlantic Council. The conversation touched on UAE-Russia relations, Abu Dhabi's future as a cryptocurrency hub, diversification from oil and gas, and more. 

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