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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.

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.

Furthermore, he 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.

“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,”
Al Zeyoudi said.

“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.

Moreover, Al Zeyoudi invited the private sectors in both nations to capitalise
on the two nations’ many economic synergies, which include world-class
logistics infrastructure, connectivity, ease of doing business and specialised
free zones.

He also highlighted the UAE’s recent $30 billion investment commitment to

https://en.aletihad.ae/news/uae/4489274/uae-korea-business-and-investment-forum-in-seoul-
strengthens