Korea and UAE Sign Seven MOUs on Nuclear Power, AI, and Space Cooperation

South Korea and the United Arab Emirates (UAE) signed seven memorandums of understanding (MOUs) in future cooperation fields such as artificial intelligence (AI) and the defense industry on the occasion of the summit meeting.

President Lee Jaemyung and UAE President Mohammed bin Zayed Al Nahyan held a summit at the Presidential Palace in Abu Dhabi, UAE, on November 18 (local time), followed by an exchange ceremony for the seven MOUs.

President Lee Jae-myung visited the UAE National Cemetery, "Wahat Al Karama," on the 17th (local time) and shook hands after receiving a commemorative medal from Diyab, Vice Chairman of the Presidential Development and Veterans Affairs Office. Photo by Yonhap News

The two countries signed the "MOU on Partnership for Nuclear Power New Technologies, AI, and Global Market Cooperation." The presidents of Korea Electric Power Corporation and Emirates Nuclear Energy Corporation (ENEC) each signed the document.

In addition, the "Strategic AI Cooperation Framework" and the "MOU on Cooperation in the Field of AI" were also signed.

Furthermore, the "MOU on Comprehensive Cooperation in the Field of Biohealth" and the "MOU on Deepening Cooperation in the Field of Intellectual Property" were concluded as well.

With President Lee recently expressing his commitment to joint satellite development and cooperation on satellite navigation infrastructure with the UAE, the two countries also signed an "MOU on Space Cooperation."

In relation to the Comprehensive Economic Partnership Agreement (CEPA) signed last year, the "MOU on Administration and Operation of the CEPA Economic Cooperation Committee" was also included in the list of MOUs adopted on this day.

During the summit, President Lee stated, "South Korea is ready to provide all-around cooperation for the '100-year alliance' between our two countries," adding, "I hope both nations will boldly move forward together for joint prosperity in areas such as national defense, defense industry, AI, nuclear power, health, and medical care."

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