Seoul--(뉴스와이어)--President Roh Moo-hyun today met with Vice President/Prime Minister Sheikh Mohammed bin Rashid Al Maktoum of the United Arab Emirates (UAE), who is visiting Korea from May 21 to 22. Sheikh Mohammed is the concurrent ruler of Dubai Emirate. At the meeting, the two leaders discussed ways to enhance friendly and cooperative bilateral relations and other matters of mutual interest.

President Roh said that he was very impressed by the splendid development of Dubai when he visited the UAE in May last year. The Korean President highly praised the leadership of Prime Minister Sheikh Mohammed, who has been the leading force behind such remarkable progress. In addition, the Korean head of state expressed his affinity for the UAE, which is supplying crude oil and natural gas to Korea and placing construction orders with Korean companies. President Roh also expressed his expectation that the two countries would continue to expand bilateral collaboration, including investments in Dubai by Korean businesses.

Prime Minister Mohammed has been striving to develop Dubai as a world-class metropolis while modernizing the northern towns that have been lagging behind other regions. The UAE Government plans to diversify and expand its cooperative ties with such countries as Korea, China and Japan in addition to traditionally close nations like the United States and the EU. He welcomed investments by Korean businesses in his country.

He also expressed hope that bilateral trade and investment would be diversified to industries other than those in the energy sector. After the meeting, President Roh hosted a luncheon for Sheikh Mohammed and his UAE delegation headed.


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