Korea, UAE to forge deeper economic ties in energy industries
Foreign affairsFeb 27, 2019
South Korea's industry ministry said Wednesday that an agreement has been reached to forge deeper ties with the United Arab Emirates in the energy segment in line with the summit between the two countries.The Ministry of Trade, Industry, and Energy said it has signed a memorandum of understanding with its UAE counterpart, which included plans to establish a business-friendly environment between the two countries, paving the way for South Korean firms to penetrate deeper into the important Middle