Printing takes approximately 5 minutes once I click print until its printed. This is for a 1 page document with no images.
Head to RAS Console > Universal Printing > Fonts Management tab > uncheck "Embed Fonts"
Please check if this improves the performance. If yes, On the RDP Client go to Options > Advanced Settings > Cache RAS Universal Printing embedded fonts.
Open Connection Properties > Printing > Options > Data Format > select EMF