The signing of the cooperation took place within the framework of the implementation of the international program Financial and Business Association of Eurasian Cooperation* to support Russian manufacturers and technologies in Africa and the Middle East.
The agreement signed with the aim of promoting the GUBKIN-INNOVATION technology for waste disposal in the United Arab Emirates confirms the recognition of the company's developments by Sharjah Research Technology and Innovation Park (SRTIP)** experts and management.
As part of the partnership, GUBKIN-INNOVATION receives additional opportunities to increase cooperation with business representatives, industrial and financial organizations and government agencies in the Middle East and North Africa.
The parties planned to expand scientific and industrial cooperation and create a modern landfill for testing waste disposal, including complex industrial ones. In addition, the companies are ready to start implementing pilot projects of GUBKIN-INNOVATION in the Middle East and North Africa and organize a process of certification of products according to international standards in the Middle East.
BEE'AH, a resident of SRTIP and the largest waste treatment organization in the Middle East, became the first partner that has already confirmed its intentions to introduce equipment developed on the basis of the GUBKIN-INNOVATION technology.
* The Financial and Business Association of Eurasian Cooperation is the leading international platform for Russian and foreign business in the Russian Federation, working at the interstate level and officially representing Russian private and state business in the international arena. The EAC FBA builds international financial and business communications in the interests of the Russian Federation and the Association's members on the territory of the SCO, BRICS, EAEU, and EU member states. The Association organizes interbank cooperation in the framework of the selection and implementation of business projects, attracts public investment, organizes and accompanies international trade.
**Sharjah Research Technology and Innovation Park is the main research and investment platform in the Middle East, where foreign companies can locate their enterprises. The park has exclusive privileges in the UAE and is supported by the government of the country. A product that has received SRTIP certification can be sold without restrictions anywhere in the Middle East, Africa and a number of other countries.