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