Russia’s approval of the draft Agreement between the Governments of Russia and the United Arab Emirates on Scientific, Technical and Production Cooperation of Companies in Civilian Industries

image_pdfimage_print

The main goal of the Agreement is to establish the legal framework for joint activities of companies and enterprises representing civilian industries of both countries and to carry out joint work under scientific and technical cooperation projects in aviation, space, information and telecommunications technology, ship-building, renewable energy, HR training and specialist exchanges, as well as to create joint industrial production enterprises.

Reference

Introduced by the Ministry of Industry and Trade.

The signed directive has approved the draft Agreement between Russia and the United Arab Emirates on Scientific, Technical and Production Cooperation of Companies in Civilian Industries (hereinafter referred to as the Agreement).

The main goal of the Agreement is to establish the legal base for joint activities of companies and enterprises representing civilian industries of both countries and to carry out joint work under scientific and technical cooperation projects in aviation, space, information and telecommunications technology, ship-building, renewable energy, HR training and specialist exchanges, as well as to create joint industrial production enterprises, etc.

The Agreement defines the procedure for regulating legal relations related to the legal protection of intellectual property rights and confidential information, which arise during joint activities.

The signed Agreement will make it possible to promote bilateral ties and create favourable conditions to establish and develop scientific, technical and production cooperation between Russian and UAE companies.