Volume of trade exchange between UAE, Korea touches US$23 billion in 2011

posted on 31/01/2012: 38 views

The trade exchange between the UAE and South Korea stood at US$23 billion in 2011. The Korean exports to the UAE were US$2.27 billion from January to April last year up by 53 per cent. While the UAE exports to South Korea in corresponding period were US$4.58 billion up by 14. 4 per cent. The UAE is one of the major markets to the South Korean Companies. The volume of contracts granted to the Korean companies in the UAE touched US$25. 600 billion in 2010 compared to US$16.800 billion in 2009, according to the figures released by Ideal Idea Events Management.

The company is set organise the first edition of Made in Korea Exhibition, which will be held in Abu Dhabi from May 21-23. - Emirates News Agency, WAM

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