The UAE and South Korea signed a number of Memoranda of Understanding to enhance partnerships and cooperation between the two countries. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and South Korean President Moon Jae-in, attended the signing ceremony. Sultan bin Saeed Al Mansouri, Minister of Economy, and Kim Dong-yun, Deputy Prime Minister and Minister of Strategy and Finance, signed the MoU between the Ministry of Economy and the Korean Ministry of SMEs and Startups regarding cooperation in SMEs and areas of innovation. The Ministry of Economy and the Korean Intellectual Property Office, KIPO, will co-operate in the preparation of a state-of-the-art patent management system in the UAE, signed by Sultan bin Saeed Al Mansouri and Paek Ono-Jiu, Minister of Commerce, Industry and Energy. Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, and Paek Ono-Jiu also signed a participation contract for Expo 2020 Dubai. The Abu Dhabi Department of Economic Development and the Ministry of Science and ICT signed an MoU in the science field, which was inked by Saif Mohammed Al Hajri, Chairman of the Department of Economic Development in Abu Dhabi, DED, and Kim Dong-yun. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy, and Paek Ono-Jiu signed an MoU in the renewable energy field, WAM reported.
