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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…
their counterparts, share knowledge and insights and

drive a new era of growth based on innovation and

creativity.”

Abdullah bin Touq Al Marri, Minister of Economy said,

“The Republic of Korea is one of the major global

economies, with a GDP exceeding US$1.7 trillion and a

highly developed mix of industrial, technological and

service capabilities. It is an ideal trade and investment

partner for the UAE, one capable of supporting our

efforts to diversify the national economy and our

transition to a knowledge- and innovation-based new

economy. In light of the objectives of the “We UAE 2031”

vision. The UAE-Korea Comprehensive Economic

Partnership Agreement will create a wealth of

opportunities for our private sector, from accelerated

trade flows to investment and economic projects in key

sectors such as new economy, logistics, transport,

advanced technology and renewable energy. The latest

CEPA underlines our ongoing efforts towards achieving

sustainable economic development, and will also

contribute to enhancing the growing significance of Asia

on the global economic landscape.

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