UAE and South Korea ... A comprehensive strategic partnership

The year of 2020 was meaningful in that it marked the 40th anniversary of the establishment of diplomatic relations between the United Arab Emirates and the Republic of Korea. The Special Strategic Partnership of the two countries holds growing importance faced with numerous challenges such as the COVID-19 global pandemic in particular. 

Both countries have similarly observed remarkable economic growth over the past few decades since the foundation of diplomatic relations, in which trade and investment have always played a pivotal role to explore new opportunities in global economies and we, Hyundai E&C, as the global top-tier EPC contractor, have always been proud to partake in the development of both countries especially in oil & gas and infrastructure industry.

I sincerely hope that both countries, as long standing and bona fide partners to each other, will set a new global standard of bilateral cooperation to deal with the “Next Normal” under the post-pandemic business environment, and Hyundai E&C will remain dedicated to the promotion of trade and economic ties between UAE and Korea in years to come. 

Young Joon Yoon

CEO and President of Hyundai Engineering & Construction (Hyundai E&C)