UAE President Discusses Economic Ties With Korean Entrepreneurs In Seoul

President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with two business delegations comprising major Korean companies and entrepreneurs during his state visit to the Republic of Korea. His Highness engaged in discussions about the growth of these companies, their innovative ideas, and the key challenges they face.

During the meeting, His Highness highlighted the growing economic, investment, and trade relations between the UAE and the Republic of Korea. He emphasised the role of companies and the business community in both countries in enhancing these ties through joint projects and investments.

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His Highness noted that the UAE is keen to attract investments by providing a supportive environment through robust infrastructure and favourable regulations. He added that the UAE’s geographical location makes it a commercial gateway to the Middle East.

His Highness emphasised that agreements to be signed between the UAE and the Republic of Korea during the visit will create additional opportunities for companies and entrepreneurs in both countries to collaborate and invest, marking a new era in economic relations.

Korean business leaders expressed their pleasure at meeting His Highness, showing interest in investing and working in the UAE. They recognised the UAE's impressive development and the variety of investment opportunities it presents. They noted the significance of His Highness’ visit for future economic relations between the two countries.

The meeting was attended by H.H. Sheikh Hamed bin Zayed Al Nahyan; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Presidential Court; Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure; Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Mohamed Hassan Al Suwaidi, Minister of Investment; Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Khaldoun Khalifa Al Mubarak, Chairman of the Executive Affairs Authority and Member of Abu Dhabi Executive Council; Sheikh Abdulla bin Mohammed Al Hamed, Chairman of the National Media Office (NMO); and several officials accompanying His Highness on his visit.

With inputs from WAM