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Putin hosts United Arab Emirates leader for economic talks

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ST. PETERSBURG, Russia (AP) — Russian President Vladimir Putin has hailed a recent decision by OPEC, Russia and other oil producing nations to limit production as key to stabilizing the global energy market, as he met the leader of the United Arab Emirates for talks on fostering economic ties. Speaking at the start of Tuesday’s talks in St. Petersburg with Sheikh Mohammed bin Zayed Al Nahyan, the ruler of Abu Dhabi and the president of the United Arab Emirates, Putin hailed the ties between the two countries as important for regional and global stability. The Russian leader noted Al Nahyan’s support for the decision of the OPEC+ group to limit oil production to prop up oil prices, saying that “our decisions, our action, aren’t directed against anyone.”

Article Topic Follows: AP National Business

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Associated Press

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