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UAE President meets with Korean business leaders and entrepreneurs in Seoul

UAE President meets with Korean business leaders and entrepreneurs in Seoul
28 May 2024 18:18

SEOUL (WAM)

President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday met with two business delegations comprising major Korean companies and entrepreneurs, as part of his state visit to the Republic of Korea.

His Highness engaged in conversation with the Korean delegations about the growth of their companies and listened to them discuss the various industries in which they are involved, the innovative ideas and products they offer, and the key challenges they face.

During the meeting, His Highness discussed the growing economic, investment, and trade relations between the UAE and the Republic of Korea.

His Highness emphasised the role of companies and the business community in both countries in enhancing these ties, particularly through joint projects and investments.

His Highness noted that the UAE is keen to attract investments by providing a supportive environment through robust infrastructure and favourable regulations.

His Highness added that the UAE’s geographical location makes it a commercial gateway to the Middle East.

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

Korean business leaders and executives expressed their pleasure at meeting President His Highness Sheikh Mohamed bin Zayed Al Nahyan, emphasising their interest in investing and working in the UAE and strengthening cooperation with their counterparts in the UAE.

They recognised the UAE's impressive development and the variety of investment opportunities it presents, noting the significance of His Highness’s visit to the Republic of Korea for the future of 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 a number of officials accompanying His Highness the President on his visit.

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