PKK lay down arms in northern Iraq in symbolic disarmament    At least 67 children dead from hunger in Gaza    U.S. judge blocks immigration arrests in Los Angeles over racial profiling claims    Trump slams protesters as 'slimeballs' after attack on ICE agents in California    Saudi Arabia reaffirms OPEC+ compliance as June crude supply hits 9.35 million bpd    Riyadh begins property acquisition for major road development projects    Saudi minister explores strategic industrial and mining partnerships with top Russian firms    Riyadh's Creative District to welcome Italy's Istituto Marangoni    CMA approves major reforms to ease investment account access for foreign and local investors    France's Lady Liberty artwork goes viral as a new Statue of Liberty could be in the works    Saudi population reaches 35.3 million in 2024, majority under 65    GASTAT: Industrial Production Index rises by 1.5% in May    Theo Hernández: Al Hilal can compete with Europe's best    Abdullah Al-Qaisoom wins silver at Asian Youth and Junior Weightlifting Championship    Aubameyang's future at Al Qadsiah in doubt after cryptic post comparing Saudi League strikers    Makkah Deputy Emir leads washing of Holy Kaaba    SFDA approves 'Winrevair' for rare pulmonary hypertension treatment    HONOR returns to Esports World Cup as Official Smartphone Partner for 2025 The renewed commitment will see HONOR elevate mobile esports competition with cutting-edge AI technologies and industry-leading hardware    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



S. Korean president arrives in Dubai for economic diplomacy on Mideast swing
Published in The Saudi Gazette on 15 - 01 - 2022

President Moon Jae-in of South Korea arrived in the United Arab Emirates (UAE) on Saturday for talks with UAE leaders, as South Korea seeks to explore business opportunities with the Middle East nation in the fields of hydrogen, space and other sectors, Yonhap reported.
On Sunday, Moon will attend a bilateral business roundtable on cooperation in the hydrogen industry, during which he plans to ask the UAE to help Korean firms make inroads into the UAE's hydrogen industry.
Also scheduled for Sunday are a visit to a "Day of Korea" ceremony at Expo 2020 Dubai and a meeting with the country's Prime Minister Sheikh Mohammed Bin Rashid Al Maktoum.
During the talks, Moon and the UAE prime minister plan to discuss ways to expand cooperation in infrastructure, efforts to tackle climate change and space. The two leaders will also discuss Korea's bid to host the 2030 Expo.
In Dubai, Moon will step up South Korea's campaign to host the Expo in the nation's southeastern port city of Busan in 2030.
The following day, Moon plans to deliver a keynote address on carbon neutrality at the Abu Dhabi Sustainability Week and hold a summit meeting with Abu Dhabi Crown Prince Mohammed Bin Zayed Al-Nahyan on ways to deepen bilateral cooperation over climate change, national security and defense, and public health.
In October last year, South Korea and the UAE announced that they would launch official talks toward a bilateral free trade agreement. The UAE is Korea's top export market in the Middle East and its biggest partner in human resource exchanges in the region.
Korea has previously said it is pushing to sell its mid-range surface-to-air missiles known as M-SAM to the UAE.
The UAE is the first leg of Moon's three-nation trip to the Middle East that will also take him to Saudi Arabia as well as Egypt. Moon will visit Riyadh on Tuesday and hold talks with Saudi Arabia's Crown Prince Muhammad Bin Salman.
Moon and the Crown Prince are expected to discuss how to expand bilateral cooperation in public health, artificial intelligence, hydrogen and education, while bolstering cooperation in energy, infrastructure and construction.
After holding talks with the Crown Prince, Moon will attend a business forum and meet Yasir Al-Rumayyan, chairman of Aramco. The chairman also heads Saudi Arabia's sovereign wealth fund, known as the PIF.
On Wednesday, Moon plans to hold a meeting with Gulf Cooperation Council (GCC) Secretary-General Nayef Bin Falah Al-Hajraf. During the meeting, they plan to announce the resumption of negotiations for a free trade agreement.
Korea and the GCC had agreed to push for a free trade deal in 2007 and had three rounds of talks until 2008, but the negotiations have since stalled after the council announced the suspension in 2010.
Trade volume between the two came to $46.6 billion in 2020. The GCC, which has six member nations — the UAE, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait, supplies 68 percent of South Korea's crude oil imports.
On the last leg of the trip, Moon will leave for Cairo on Wednesday evening. Moon will hold summit talks with Egyptian President Abdel Fattah El-Sisi on Thursday to further develop the comprehensive cooperative partnership between the two countries.
Moon and the Egyptian president are expected to agree on a joint feasibility study to forge a bilateral free trade deal, which would be Korea's first free trade agreement on the African continent if sealed.
In Cairo, Moon will also attend a business forum where companies in the two nations plan to discuss how to strengthen cooperation in electric cars, information technology and transportation. Moon will leave Cairo on Friday afternoon and return home on Jan. 22. — Agencies


Clic here to read the story from its source.