Tag: UAE

Some happy chaebol chiefs today in South Korea:

Korea and the United Arab Emirates (UAE) signed a total of 24 agreements worth $6.1 billion in traditional industries, such as energy and defense, as well as emerging businesses, including hydrogen, mobility, bio and digital transformation, according to the Ministry of Trade, Industry and Energy, Monday.

The ministry said about 320 officials from business lobby groups, Samsung Electronics, Hyundai Motor Group and other Korean companies, who accompanied President Yoon Suk Yeol’s state visit to the Middle Eastern country, held the Korea-UAE Business Forum at the Rixos Marina Abu Dhabi hotel.

Korea Times

You can read more at the link.

The Iranians though their Houthi rebel proxies in Yemen may have just sent a message to South Korea with this drone attack in the UAE:

The Iran-backed Houthi militia in Yemen attacked the United Arab Emirates (UAE) in an apparent drone strike Monday that killed three people while President Moon Jae-in was in the country. The Blue House confirmed the safety of the Korean leader.    
   
UAE authorities said that three transport tankers exploded at an oil facility, and another fire broke out at an extension of Abu Dhabi International Airport. Two Indians and one Pakistani were killed at the oil facility, while at least eight people were injured, including two airport employees, according to Abu Dhabi police.    
   
Moon had been visiting the UAE since Saturday, as a part of an eight-day tour of the Middle East, and had been attending an event in Dubai, some 100 kilometers (62 miles) away from the Abu Dhabi airport, at the time of the attack.    
   
Moon expressed to Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan, the de facto ruler of the UAE, “deep condolences and sympathy” for the victims of the suspected drone attack in a 25-minute phone call Monday evening. 

“We express our serious concern over acts that threaten peace and stability in the Middle East region, including the UAE, and we strongly condemn attacks on civilians and the taking of lives as unacceptable acts of terrorism,” he added.    
   
The two leaders’ summit meeting in Abu Dhabi was unexpectedly canceled shortly before Moon’s arrival in the country, upon the request of the UAE side. 

Joong Ang Ilbo

You can read more at the link, but the UAE and South Korea have a close defense relationship which includes a $3.5 billion deal to sell surface to air missiles to the UAE that was signed on Sunday. Those missiles are clearly being bought to protect the UAE from Iranian aggression and this attack is arguably sending a message to the Moon administration that the mullahs in Tehran are unhappy about this.

The UAE is looking to upgrade their missile defenses with the newest system the ROK is developing:

 The United Arab Emirates (UAE) has said it plans to purchase South Korean-made mid-range surface-to-air missiles in a deal likely to reach US$3.5 billion. 

The UAE’s Ministry of Defense tweeted Tuesday that it plans to acquire the missile, known as M-SAM. It did not elaborate further.

An official at South Korea’s Defense Acquisition Program Administration (DAPA) called the UAE’s announcement “positive” but noted negotiations have yet to be finalized.

“We still need to see how negotiations on the details will proceed,” a DAPA official said on condition of anonymity.

The M-SAM system, called “Cheongung II,” is a core element of South Korea’s multi-layered anti-missile program. Cheongung, means heaven’s bow in Korean.

Employing the “hit-to-kill” technology, the missile is designed to intercept hostile missiles coming in at altitudes below 40 kilometers.

Yonhap

You can read more at the link.

“Bibimbap,” a traditional Korean dish of mixed rice and vegetables, is served to UAE officials and journalists during an Iftar dinner at the Korean embassy in Abu Dhabi, the capital of the United Arab Emirates (UAE), on May 23, 2018, in this photo courtesy of the South Korean embassy in the UAE. Iftar is the first evening meal at the end of fasting during Ramadan. (Yonhap)

South Korean President Moon Jae-in aims a rifle at a target as he visits a contingent of the Akh unit, a South Korean unit stationed in the United Arab Emirates (UAE), in Abu Dhabi on March 27, 2018. Moon is on a four-day visit to the UAE from March 24. (Yonhap)

South Korean President Moon Jae-in (4th from L, front) and Crown Prince Mohammed bin Zayed Al-Nahyan (6th from L) of Abu Dhabi, join a group photo with South Korean officials and workers during a ceremony at a nuclear power station in Barakah, about 300 km west of the United Arab Emirates’ capital, on March 26, 2018, to mark the completion of a nuclear reactor built by South Korea. It is the first out of four reactors South Korea plans to provide the UAE under a 2009 deal that marked South Korea’s first exports of nuclear reactors. (Yonhap)