By Amie Ferris-Rotman
Russia, entrenched in economic woes, is positioning itself as a firm trading partner with Arab nations who are keen to rekindle their Soviet-era alliance, government officials said on Thursday.
Trade between the Arab world and Russia currently totals $8bn a year - a figure dwarfed by that of Russia's heavyweight partner, the European Union, amounting to hundreds of billions of dollars - but Russia hopes a wave of new investments will cement trade for years to come.
"The Russians are coming, and not to plunder your wealth," Russia's Vice Premier and the cabinet's top anti-crisis manager, Igor Shuvalov, told a group of Arab ministers at a conference in the country's second city St Petersburg.
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