Abu dhabi: South Korean Industry Minister Kim Jung-kwan met with his United Arab Emirates (UAE) counterpart this week to discuss cooperation in artificial intelligence (AI) and energy sectors, according to Seoul officials Thursday. Kim met with the UAE's industry minister, Sultan Ahmed Al Jaber, in Abu Dhabi on Tuesday (local time) to discuss exchanges in the fields, shortly after the leaders of the two countries agreed to bolster economic cooperation across various sectors in a bilateral summit.
According to Yonhap News Agency, the Ministry of Trade, Industry and Resources reported that earlier this week, South Korean President Lee Jae Myung and UAE President Mohamed bin Zayed Al Nahyan held a summit in Abu Dhabi and agreed to jointly develop a cooperation model for entering global markets based on the Barakah nuclear power plant model. The Barakah plant was built by the Korea Electric Power Corp., marking Korea's first-ever overseas nuclear energy plant project.
Seoul has also decided to join the UAE's Stargate project centered on AI and energy infrastructure. The two ministers exchanged views on promoting bilateral cooperation in advanced manufacturing, petroleum, liquefied natural gas, and battery.