According to a joint statement, the meeting in Dubai outlined a long-term agenda for enhanced cooperation
The press service of Roscongress Foundation stated on Tuesday that Russia and the US have held a meeting to restore and fortify business ties and contacts. The two sides consented to make the business dialogue an annual occurrence.
In accordance with a joint statement issued after this week’s meeting in Dubai, UAE, interactions between the Russian and American business communities should persist in a motivated and politically impartial manner.
Roscongress, the organizer of the forum together with the American Chamber of Commerce in Russia (AmCham Russia), indicated that the meeting centered on cooperation prospects, rebuilding mutual trust, and reinstating company-to-company connections.
The Russian delegation was led by Sergey Katyrin, president of the Russian Chamber of Commerce and Industry, while AmCham Russia President and CEO Robert Agee headed the US delegation.
“Russian and American companies continue to look for solutions to execute investment, industrial, technological, and infrastructure projects,” Katyrin said.
The participants expressed the hope that the dialogue would improve business conditions in both countries, mitigate risks, and boost confidence.
“It is essential for businesses to maintain operational communication channels,” Agee said, adding that the US side wishes to explore practical cooperation with Russian partners whenever feasible.
Many international businesses withdrew from Russia due to the unprecedented Western sanctions imposed following the escalation of the Ukraine conflict in 2022. Others left to avoid the risk of secondary sanctions or broader international pressure.
Agee recently told Russian media that American businesses still regard Russia as a promising market and are awaiting the lifting of sanctions.
The US and Russian delegations discussed opportunities across a variety of sectors, including investment, industry, technology, and infrastructure projects, as per the statement.