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Showing posts with the label South Korea

UAE and South Korea Commit to Strengthening Economic Ties

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President His Highness Sheikh Mohamed bin Zayed Al Nahyan embarked on a state visit to Seoul South Korea, underscoring the robust partnership between the UAE and Asia fourth largest economy. Accompanying the UAE President was a high level delegation including Minister of State for Foreign Trade Dr. Thani Al Zeyoudi. On the sidelines of the presidential visit, the two countries convened the UAE-Korea Business and Investment Forum, bringing together public and private sector stakeholders. In his remarks to the forum, Dr. Al Zeyoudi touted the success story of UAE-Korea relations and the untapped potential for greater partnership. "Korea is a hugely important trade and investment partner for the UAE. This forum will enhance our bilateral ties by promoting bilateral trade and facilitating investment across key sectors," he stated. The Minister highlighted sectors ripe for expanded cooperation such as energy, advanced manufacturing, technology, food security and healthcare. He ...

UAE President meets Korean President | Attends traditional tea ceremony and banquet during state visit to Seoul

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The leaders of the United Arab Emirates and South Korea recently came together in the spirit of friendship. President Mohamed bin Zayed made a gracious visit to Seoul to nurture the bond between the two countries. During the trip President Mohamed and First Lady Kim Keon-hee welcomed each other at the historic Changdeokgung Palace. They had a cordial discussion exploring possible areas of enhanced cooperation based on common interests in heritage conservation. President Muhammad and Deputy Chairperson Sheikha Maryam then attended a traditional Korean tea ceremony.He found solace in light flute performances meant to promote calmness and mindfulness. The group afterwards toured the palace's lovely Secret Garden, appreciating its storied beauty. In the evening, President Yoon hosted a special gathering honoring the UAE guests. All were treated to music and dance expressing Korea's cherished traditions. President Mohamed expressed sincere thanks for the kind hospitality. In his ...

President Sheikh Mohamed's state visits to South Korea and China:

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Trade deals, advanced technology and security will be at the top of the agenda as President Sheikh Mohamed visits South Korea and China start from today. The visits aim to strengthen economic cooperation and partnerships with these strategic partners. Sheikh Mohamed arrived in Seoul on Tuesday for a two-day state visit to South Korea. He tweeted that he will join President Yoon Suk Yeol "to advance the Special Strategic Partnership between the UAE and Republic of Korea." Areas of discussion will include boosting economic partnership and people-to-people ties. Bilateral ties are extensive, with South Korea being the UAE's second largest Arab trade partner and 14th globally. In 2022, the value of non-oil trade between the two countries will exceed $72 billion. Priority will be given to strengthening supply chain linkages and promoting bilateral foreign investment, which rose to $2.2 billion from the UAE to South Korea. Key achievements of partnership include South Korean fi...

Building Bridges: South Korean Military and UAE Forces Engage in Joint Exercise

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  The military presence of South Korea in the United Arab Emirates (UAE) has effectively carried out its first joint exercise of the year with troops from the host nation, marking a noteworthy accomplishment. An important step has been taken in the two countries' efforts to improve military cooperation: the Akh unit conducted the drill. The combined exercise in the Middle East was coordinated by the Akh unit, with the goal of strengthening collaborative capabilities in both marine and ground-based anti-terrorism operations. Officials claim that a number of drills were carried out, demonstrating the dedication to enhancing cooperation in significant military domains.  Simulations including hostage rescue operations, helicopter sniper missions, and close-quarters combat scenarios involving ship hijacking and illicit ship-to-ship arms transfers were among the exercise's highlights. These initiatives demonstrated the region's dedication to being ready for a range of security th...

South Korea and UAE 40 years of Cooperation

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    During the summit, the two leaders agreed to deepen and further develop the Special Strategic Partnership between the two countries," a joint statement said. "In particular, the two leaders agreed to strengthen strategic cooperation in four key areas: conventional energy and clean energy, peaceful nuclear energy, economy and investment, and defence and defence technology; as well as in other areas of mutual interest, including space, emerging industries and culture.  "Recognising the importance of nuclear power plants as a critical source of energy security and an important element for the growth of the clean economy, and given the existing deep level of cooperation achieved in this area, the two leaders expressed their determination to deepen and accelerate collaboration in the peaceful nuclear energy sector, both by successfully completing the Barakah Nuclear Energy Plant project and by jointly pursuing additional nuclear projects, whether in the UAE or third coun...

UAE and South Korea exchanging of several agreements, MoUs

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    UAE and President of the Republic of Korea, attended the exchanging and announcing of several agreements and Memoranda of Understanding (MoUs) to develop cooperation in various fields in light of the distinguished strategic ties binding the two countries. The agreements and MoUs announced included an MoU in hydrogen energy use in cities, its production, transmission and storage between the UAE Ministry of Energy and Infrastructure and the Korean Ministry of Land, Infrastructure and Transport. There was an MoU on cooperation in water resources between the UAE Ministry of Energy and Infrastructure and the Korean Ministry of Environment. An MoU was exchanged between the UAE Space Agency and Korea's Ministry of Science and Information and Communications Technology regarding the amendment of an MoU signed in January 2017 regarding cooperation in space exploration and its use for peaceful purposes. An MoU was exchanged on cooperation in mobility and transportation in the future...