UAE and South Korea Strengthen Economic Ties in Ras Al Khaimah

UAE's Sheikh Engineer Salem hosted a South Korean delegation to discuss strengthening economic relations. The meeting focused on enhancing trade, investment, and collaboration between the nations, highlighting mutual aspirations and opportunities in Ras Al Khaimah.


Devdiscourse News Desk | Updated: 21-10-2024 09:50 IST | Created: 21-10-2024 09:50 IST
UAE and South Korea Strengthen Economic Ties in Ras Al Khaimah
South Korean economic delegation visits UAE (Photo/WAM). Image Credit: ANI

In a significant diplomatic move, Sheikh Engineer Salem bin Sultan bin Saqr Al Qasimi, the prominent figure behind Ras Al Khaimah International Airport, welcomed a notable economic delegation from South Korea. The gathering took place in Ras Al Khaimah's Al Duhaisah area, drawing 50 key investors and business leaders from the Asian region.

During the meeting, Sheikh Salem highlighted the burgeoning strategic relationship between the UAE and South Korea, emphasizing the increasing bilateral cooperation across various sectors. He pointed out that these strengthened ties support the shared aspirations of both nations for advancement, prosperity, and mutual development.

The discussions were centered around enhancing economic collaboration and exploring opportunities for commercial integration. The focus was also on the private sectors of both regions, with a specific emphasis on utilizing Ras Al Khaimah's facilities and incentives to attract foreign investment.

(With inputs from agencies.)

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