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5/31/24, 3:19 PM UAE ministers and officials praise comprehensive economic partnership agreement between UAE and Republic of Korea | Emirat…
strengthen the UAE’s strategic relations across the world

as we seek to build policies and partnerships to confront

the challenges facing the global economy. The UAE’s

Comprehensive Economic Partnership Agreement with

the Republic of Korea is another important tool in our

armoury, one that will spur further diversification,

promote economic inclusion and attract investments

into sectors of critical national interest – such as

renewable energy and food security. Korea’s advanced

economy, which has just posted a record trade surplus,

presents an important partner for the UAE, and we are

ready to fully embrace its possibilities.”

Suhail bin Mohammed Al Mazrouei, Minister of Energy

and Infrastructure said, “The CEPA between the UAE and

the Republic of Korea reflects the robust trade and

investment ties between our nations – which includes

increasing collaboration in renewable energy and its

associated infrastructure. The Barakah Nuclear Energy

Plant in Abu Dhabi, which was designed, built and

operated by Korean energy firms, is the most

conspicuous example, while the UAE has now

committed to investing US$30 billion in the Korean

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