Russia is open to Arab investments

CASABLANCA, Morocco, May 25 (Itar-Tass) - Russia is open to Arab
investments. It's ready to provide necessary guarantees and ensure high
efficiency, Tatyana Gvilava, the director of the Russian-Arab Business
Council, told Itar-Tass on Tuesday.
In her speech at the 10th jubilee session of the Russian-Arab Business
Council in Casablanca she noted that Russian entrepreneurs also wanted to
invest their money in Arab projects.
"Russian-Arab trade and economic relations have historically been
characterized by dynamic growth; they've successfully gone through the
period of establishment at contemporary stage; they've overblown the years
of financial instability without slowing down the tempo of their
development," Gvilava went on to say. She added that expansion of
cooperation with Arab countries was significant for Russia's foreign
economic policy.
"At the moment we've achieved a lot: trade is developing, cooperation
in other spheres like agriculture, transport, new science-intensive
technologies, water resources, tourism and space exploration is on the
rise," Gvilava emphasized.
She said that the experience of the Russian-Arab Business Council in
creating a fund designed to give an impetus to potential investment
interaction was very positive.
Russian and Arab businessmen establish direct contacts and a new
trustful dialogue at events, which the Russia-Arab Business Council
organizes in Russia and the Arab world, Gvilava said.
"Practice shows that only active players of Russian and Arab business
achieve success in joint activity, and it's comforting that the number of
such examples is growing. We've come with ready-made proposals and a
desire to create ventures. The only thing we have to do is to lock our
hands,> Gvilava said in conclusion.
A Russian delegation to the jubilee session includes more than 40
representatives of companies who work in the sphere of peaceful atom,
agriculture, construction and tourism.