South Korean Economic Delegation Visits Ras Al Khaimah
On October 21, Sheikh Engineer Salem bin Sultan bin Saqr Al Qasimi, the Chairman of the Department of Civil Aviation and the Board of Directors of Ras Al Khaimah International Airport, welcomed a distinguished economic delegation from South Korea. The meeting took place at his majlis in the Al Duhaisah area of Ras Al Khaimah.
The delegation included 50 notable investors, business leaders, and economists from South Korea. Sheikh Salem bin Sultan Al Qasimi emphasized the strengthening strategic relations between the UAE and South Korea, highlighting the expanding cooperation across various sectors. He noted that these ties align with the shared goals of both nations to achieve progress, prosperity, and mutual development.
The discussions aimed at enhancing economic collaboration, strengthening trade and investment relations, and exploring opportunities for economic and commercial integration between the two countries. Special focus was given to the private sector in Ras Al Khaimah and South Korea. The meeting also highlighted the facilities and incentives available in Ras Al Khaimah to attract and support foreign investors.
Doubts Revealed
Ras Al Khaimah -: Ras Al Khaimah is one of the seven emirates that make up the United Arab Emirates (UAE). It is known for its beautiful beaches, mountains, and growing economy.
Sheikh Engineer Salem bin Sultan bin Saqr Al Qasimi -: Sheikh Engineer Salem bin Sultan bin Saqr Al Qasimi is a member of the ruling family in Ras Al Khaimah. He plays a significant role in the emirate’s development and international relations.
Economic Delegation -: An economic delegation is a group of people, usually from a country or organization, who visit another place to discuss and promote economic activities like trade and investment.
UAE-South Korea relations -: UAE-South Korea relations refer to the diplomatic and economic interactions between the United Arab Emirates and South Korea. These countries work together to improve trade, investment, and cultural exchanges.
Strategic Partnership -: A strategic partnership is a long-term agreement between two countries or organizations to work together for mutual benefits, such as economic growth and development.