“UAE Sovereign Wealth Fund Announces Pledge to Invest US$30 Billion in Korea’s Strategic Areas”
The Presidential Office announced on the 16th (local time) that a joint statement was adopted between the leaders of the two countries on the occasion of the summit between President Seok-Yeol Yoon and President Muhammad bin Zayed Al Nahyan of the United Arab Emirates (UAE).
This is a statement containing the results of a summit meeting between President Yoon, who is on a state visit to the UAE, and President Muhammad on the 15th.
The joint statement stipulated the figure of 30 billion dollars (approximately 37.2 trillion won) promised by President Muhammad as the amount of investment in Korea.
In this regard, Director of National Security Kim Seong-han said at a local briefing in Abu Dhabi, “The decision to invest US$30 billion shows President Muhammad’s trust in Korea’s capabilities as a sustainable future growth partner.” was explicitly confirmed.”
The joint statement reaffirmed their will for comprehensive cooperation in each field, saying, “The two leaders agreed to further deepen and develop the ‘special strategic partnership’ between the two countries.”
First of all, ▲ traditional energy and clean energy ▲ peaceful nuclear energy ▲ economy and investment ▲ defense and defense technology were selected as four key areas.
Above all, in relation to the field of ‘economy and investment’, “In order to further expand the special strategic partnership, the UAE government has invested in the UAE sovereign wealth fund’s 300 announced a $1 billion investment commitment.”
In order to support the promotion of future-oriented cooperation, ▲ climate change ▲ space ▲ new industries and digital transformation ▲ future mobility and smart infrastructure ▲ health and medical ▲ agriculture, food security and water resources ▲ intellectual property and statistics are presented. did.
In addition, they agreed to work together for peace and stability in the Middle East, the Korean Peninsula, and multilateralism.
Regarding the issue of the Korean Peninsula in particular, he said, “We reaffirmed the common goal of complete denuclearization of North Korea and re-emphasized the importance of diplomatic efforts to bring North Korea back to dialogue.”
Along with this, President Yoon invited President Muhammad to visit Korea as soon as possible.
/yunhap news
