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South Korean President hails ties with UAE

posted on 13/05/2006: 663 views

President Roh Moo-hyun of South Korea has hailed as good his country's relations with United Arab Emirates, saying it will get even better in future.

In an interview with WAM on the eve of his visit to Abu Dhabi on Friday, the first ever by a Korean president to this Arab Gulf country, Roh said the importance of the UAE as a gateway to the Middle East has gained much recognition, anticipation for investment and is on the rise.

He said, while in UAE, he would hold talks with President H.H. Sheikh Khalifa bin Zayed Al Nahyan on the Middle East, political and economic issues and the current state of affairs in the Korean Peninsula as well as matters of common interest and ways to enhance bilateral cooperation.

He said he was also scheduled to meet with General Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, General Sheikh Mohammed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, and senior officials in energy, natural resources and information technology sectors.

"An agreement on cooperation in economy, trade and technology as well as MOUs on energy and natural resources, construction and IT, which are to be signed by the two governments during the visit, will provide the solid foundation for strengthening bilateral cooperation," revealed President Moo-hyun. The UAE is South Korea's second largest oil supplier and a major trading partner in the Middle East, with the trade volume between the two countries reaching US$12.7 billion last year. (Emirates News Agency, WAM)


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