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Monday, 16 January 2023 14:54

UAE pledges to invest $30 billion in South Korea -Yoon's office

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The United Arab Emirates (UAE) has decided to invest $30 billion in Korean industry. Investments will target sectors such as nuclear power, defence, hydrogen and solar. South Korean President Yoon Hee-yeol met with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. The two countries also signed 13 memorandums of understanding on expanding economic cooperation.


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