President Lee Jae Myung’s chief of workers is ready to depart for the United Arab Emirates (UAE) on Thursday for a visit aimed toward discussing increasing bilateral financial cooperation, presidential officers mentioned.
Kang Hoon-sik, who additionally serves as a particular envoy for strategic financial cooperation, is anticipated to fulfill senior UAE officers to debate methods to deepen financial cooperation in areas of protection, synthetic intelligence (AI) and different superior applied sciences.
“Kang plans to debate methods to determine a strategic financial cooperation mannequin with a key accomplice nation within the Center East, masking AI, protection business and cutting-edge manufacturing, tradition, meals and bio sectors,” a presidential official mentioned, with out offering particulars of his itinerary.
His journey comes after President Lee Jae Myung met with Abu Dhabi Crown Prince Sheikh Khalid bin Mohamed Al Nahyan on Oct. 31 on the sidelines of the Asia-Pacific Financial Cooperation summit in Korea, the place they mentioned methods to develop protection and arms business cooperation. Kang additionally attended the assembly.
The UAE, one in every of Korea’s main protection companions, signed a contract in 2022 to buy the Cheongung II midrange surface-to-air missile system.
Final month, Kang visited Poland, Romania and Norway in his capability as a particular envoy, delivering Lee’s private letters and holding talks with senior officers of these international locations on increasing arms business partnerships.
