UAE and Korea to strengthen investment, economic relations

The inaugural meeting of the UAE-Korea Business Council, organised in Abu Dhabi called for the establishment of sectoral working groups in the fields of artificial intelligence, biotechnology, content industries, energy, and advanced manufacturing, as well as the development and strengthening of business relations between the two friendly countries.

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The meeting was organised by the Federation of UAE Chambers of Commerce and Industry (UAE Chambers) in cooperation with the Abu Dhabi Chamber of Commerce and Industry (ADCCI) and the Ministry of Foreign Affairs.

From the UAE side, the meeting was attended by Abdullah Sultan Al Owais, Vice Chairman of the UAE Chambers, and head of the UAE side of the Business Council; Ali Mohammed Al Marzouqi, Director-General of the ADCCI; and Mohammed Ahmed Amin Al Awadhi, Director-General of the Sharjah Chamber of Commerce and Industry. On the Korean side, Jin Sik Yoon, Chairman of the Korea International Trade Association (KITA), attended along with representatives of 65 entities and companies from both countries.