President-elect Yoon "Expecting Expanded Cooperation through Korea-GCC FTA Negotiation Agreement"

"Since the 1970s, Our Companies' Entry into the Middle East
Great Contribution to Korea's Economic Growth"

President-elect Yoon Suk-yeol is greeting and meeting with Abdullah Sultan Al Samahi, Charge d'Affaires of the Embassy of the United Arab Emirates in Korea; Zakaria Hamed Hilal Al Sadi, Ambassador of Oman to Korea; Sami Al Sadahan, Ambassador of Saudi Arabia to Korea; Bader Mohamed Al Awadi, Ambassador of Kuwait to Korea; and Mishal Saeed Al Kuwari, Charge d'Affaires of the Embassy of Qatar in Korea at the transition office in Tongui-dong, Jongno-gu, Seoul on the afternoon of the 1st. Photo by Transition Team Photographers.

[Asia Economy Reporter Hyunju Lee] President-elect Yoon Seok-yeol met with Gulf Cooperation Council (GCC) ambassadors to South Korea on the 1st and urged them to strengthen cooperation.

In his opening remarks, President-elect Yoon said, "Our country and the GCC nations have long established deep cooperative relationships centered on energy and construction infrastructure," adding, "Since the 1970s, our companies have entered the Middle East and made significant contributions to the growth of the Korean economy."

He continued, "Cooperation with the GCC countries will expand greatly into various fields such as defense industry, agriculture, healthcare, and culture," and requested, "I ask the ambassadors to make greater efforts to strengthen this cooperation."

He emphasized, "Once I take office, I will activate high-level exchanges with the GCC countries from the early stages of my term," and added, "I hope that the Korea-GCC Free Trade Agreement (FTA) negotiations will be concluded, creating a framework for expanding cooperation between both sides."

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