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Showing posts with the label South Korea

South Korean diagnostics firm Boditech Med inaugurates a manufacturing plant at Jhajjar MET City, Haryana

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  Jhajjar, Haryana – April 7, 2025: South Korean medical diagnostics company Boditech Med has officially inaugurated its new manufacturing facility at Jhajjar MET City in Haryana, marking a significant milestone in its global expansion strategy. The new plant, which spans several acres within the Model Economic Township (MET City), is aimed at boosting the production of advanced in-vitro diagnostic equipment and test kits for both domestic use and export. This move is expected to strengthen India’s position as a key hub for medical device manufacturing. Speaking at the inauguration ceremony, company representatives emphasized the strategic importance of India in their global operations and expressed confidence in the country’s growing healthcare sector. The Jhajjar facility is also expected to create numerous employment opportunities and support local skill development initiatives. Boditech Med’s investment underscores the increasing collaboration between South Korea and India ...

UAE and South Korea Forge Strategic Partnerships with New Agreements

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 The recent signing and exchange of agreements and memoranda between UAE and South Korea mark a significant milestone in strengthening bilateral relations and fostering cooperation in various sectors. On the UAE side, key figures including Dr. Sultan bin Ahmed Al Jaber, Suhail Mohamed Al Mazrouei, and Khaldoon Khalifa Al Mubarak played pivotal roles, reflecting the UAE's commitment to advancing industry, energy, and nuclear technologies. Their counterparts in South Korea, with a broad representation of officials, underscore the importance of this partnership. This collaboration highlights the UAE's strategic focus on enhancing its global partnerships and investing in advanced technologies. The agreements, which span diverse sectors such as energy, infrastructure, and nuclear regulation, not only promise to bolster economic ties but also position both nations at the forefront of innovation and sustainable development. The involvement of high-ranking officials from both countries...

Igniting Trade and Tech Partnerships – President Sheikh Mohamed’s Visit to China and South Korea

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  President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, commenced his state visit to Asia’s fourth-largest economy, South Korea, today. This significant tour, which also includes a subsequent visit to China, aims to bolster trade, technological exchanges, and strengthen defense and energy collaborations. South Korea: A Strategic Partnership During his two-day visit to Seoul, President Sheikh Mohamed bin Zayed Al Nahyan will focus on diversifying the UAE’s economy, traditionally reliant on oil, into new sectors. The UAE is currently the second-largest economy in the Middle East and seeks to expand its global economic footprint through strategic partnerships. A senior researcher at Japan’s JIME Center, Institute of Energy Economics, noted, "The primary reason for President Mohamed’s visit to the two countries is to access recent technological advancements and facilitate technology transfers to the UAE from both China and South Korea." President Sheikh Mohamed e...