Hong Kong/Seoul
CNN
—
South Korea’s leader is capping off a whirlwind week, after securing tens of billions of dollars in investment from the Middle East and vowing to have his country play a more important role in revitalizing international supply chains.
On Monday, South Korean President Yoon Suk Yeol announced that the United Arab Emirates had pledged a staggering $30 billion in investment in the Asian country.
The news came after the leaders of the two nations held talks in Abu Dhabi on Sunday, in a landmark trip that marked the first-ever state visit to the UAE by a South Korean president, according to a statement from Yoon’s office.
The investment aims to increase cooperation in the fields of nuclear, hydrogen and solar energy, as well as defense, along with an agreement to form a “special strategic partnership” at the highest level, the statement said.
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