Page 263 - MOE ENGLISH PR - MAY 2024

President Sheikh Mohamed arrived on Tuesday in Seoul on a two-day state
visit to the Republic of Korea. The visit follows an invitation from Yoon Suk

Yeol, President of the Republic of Korea.
In the presence of Dr Thani bin

Ahmed Al Zeyoudi, Minister of State for Foreign Trade, a delegation of Emirati

public- and private-sector representatives attended the UAE-Korea Business

and Investment Forum. Organised by the UAE’s Ministries of Investment and

Economy, in collaboration with the UAE Embassy in Seoul and Korea’s
Ministry of Trade, Industry and Energy, the Forum sought to expand the two

nations’ trade and commercial relations in high-growth sectors such as

energy, ICT, logistics and manufacturing.
Dr Al Zeyoudi said that economic

ties between the UAE and the Republic of Korea are witnessing robust growth

across all major sectors owing to the joint will of the leaderships of both

sides.Ads by

Deeper ties

During his address to the Forum, Dr Al Zeyoudi championed the potential of

deeper ties between the UAE and Korea, citing their shared vision for open,

rules-based trade, strategic investment and technological development. He
said, “With an advanced, digitised economy, attractive business ecosystem

and world-leading manufacturing sector, Korea is a hugely important trade

and investment partner for the UAE as we seek to secure a new era of

growth. The UAE-Korea Business and Investment Forum will serve to

enhance bilateral ties by promoting bilateral trade, facilitating two-way FDI,
and enhancing collaboration across a range of economic sectors, including

energy, advanced manufacturing, technology, food security and

healthcare.”
“Our nations are long-standing friends and we look forward to

building on today’s conversations and delivering long-lasting benefits for our

respective economies,” he added.

https://gulfnews.com/uae/government/uae-korea-business-and-investment-forum-in-seoul-
strengthens-bilateral-trade-1.102849468