UAE, Korea to jointly invest in Libya

The UAE and South Korea will joint invest in third countries including Libya. Assistant to Foreign Minister for Economic Affairs Khalid Al Gaith received today a delegation from the S. Korean Ministry of Foreign Affairs and Trade. At a meeting, they discussed ways for enhancing mutual cooperation for investing in third countries including Libya. Al Ghaith hailed the depth of strategic relations between UAE and South Korea and said that the continued cooperation comes reflecting the agreement between Foreign Minister Sheikh Abdullah Bin Zayed Al Nahyan and Korean Foreign Minister Kim Sung-Hwan for strengthening bilateral ties. The Korean delegation, headed by the Director General of the African and Middle Eastern Affairs at the Foreign Ministry, expressed satisfaction over the developing relations between the two countries. The meeting was attended by a number of investment companies in the sectors of energy, infrastructure and financing in both countries.