President Moon Attends Korea-UAE Hydrogen Cooperation Roundtable... Emphasizes 'Eco-friendly Energy Transition'

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in attended the 'Korea-UAE Hydrogen Cooperation Business Roundtable' held on the morning of the 16th (local time) as the first event of his visit to the United Arab Emirates (UAE), aimed at establishing a hydrogen cooperation foundation between the two countries.

In his opening remarks, President Moon mentioned that Korea and the UAE will expand cooperation into the hydrogen sector, a core energy source in the carbon-neutral era, emphasizing that both countries share a common goal and determination to create future growth opportunities by transitioning to eco-friendly energy.

This event was held with hydrogen as the core theme of cooperation between the two countries, considering that the UAE is leading the transition to a hydrogen economy and is the first practical partner from whom Korean companies have contracted to import hydrogen overseas.

Korea has high competitiveness in the utilization aspects of hydrogen, such as hydrogen vehicles, hydrogen charging stations, and fuel cell distribution, creating significant synergy between the two countries, and the UAE is the country where the first results of the global clean hydrogen import project, a core project promoted under the Korean government's 'Hydrogen Leading Nation Vision' announced last year, have been achieved.

Meanwhile, at the event, the Korean side was represented by the Ministry of Trade, Industry and Energy, the Korea International Trade Association, the Korea Trade Insurance Corporation, the Export-Import Bank of Korea, related ministries and agencies of the Hydrogen Convergence Alliance, and companies involved throughout the hydrogen economy cycle. On the UAE side, key figures attended, including Suhail bin Mohammed Faraj Al Mazrouei, UAE Minister of Energy and Infrastructure; Abdullah Saif Al Nuaimi, Ambassador of the UAE Embassy in Korea; Abdullah Mohammed Al Mazrouei, Chairman of the UAE Federal Chamber of Commerce; CEO of Emirates Steel; Chairman of Bin Harmal Group; and Chairman of Dasing International Group.

Based on the discussions at the meeting, the Ministry of Trade, Industry and Energy and the UAE Ministry of Industry and Advanced Technology agreed to maintain continuous communication and to concretize the discussed cooperation plans.

This content was produced with the assistance of AI translation services.