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9/23/25, 4:51 PM UAE, South Korea usher in new era of collaboration - Aletihad News Center
business environment and an attractive investment climate, which continues to encourage South Korean firms to

expand their presence across diverse economic sectors.

Trade Forum

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Meanwhile, the Abu Dhabi Chamber of Commerce and Industry (ADCCI), in partnership with the Korea International

Trade Association (KITA), hosted a business forum at Rixos Marina Hotel in Abu Dhabi under the title, “Expanding

Trade Horizons Between Abu Dhabi and Korea”.

Aimed to open wider avenues for shared trade and investment opportunities, the forum amid continued growth in
trade between the UAE and South Korea, which rose by 11% compared to 2023, reaching Dh84.7 billion ($23.1

billion) by the end of 2024. Non-oil trade specifically witnessed an impressive 42.5% growth during the same period.

The forum brought together leading companies from the UAE and South Korea to strengthen economic relations and

explore new collaboration opportunities. Discussions emphasised the importance of private sector partnerships,

knowledge exchange, and investment in driving shared economic progress.

The Abu Dhabi Chamber highlighted the emirate’s strategic location, advanced infrastructure, and investor-friendly

environment, positioning Abu Dhabi as a dedicated platform for Korean companies to engage with private sector
opportunities and access both regional and global markets.

In 2024, UAE exports to South Korea recorded a modest decline compared to 2023, yet overall trade exchange
between the two countries increased. Imports from South Korea rose by 14%, reaching Dh18.7 billion ($ 5.1 billion).

Abu Dhabi is reinforcing its role as a preferred destination for Korean investment, with joint projects and partnerships
expanding across strategic sectors such as energy, advanced manufacturing, and technology. Korean companies

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