South Korea and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) to bolster defense cooperation valued at over $35 billion, Seoul’s presidential envoy, Kang Hoon-sik, announced on Thursday.
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Kang, who serves as the Chief of Staff for President Lee Jae-myung, told reporters upon his return from the UAE that the defense projects will span several sectors, including air defense, the air force, and naval capabilities.
Source: Reuters