South Korea and UAE hold comprehensive discussions from trade to new energy industries in Seoul from 2nd to 5th

Official negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between South Korea and the United Arab Emirates (UAE) will be held in Seoul. CEPA, which is similar to a free trade agreement (FTA), is between both countries.
It deals with comprehensive exchange and cooperation, including the movement of goods and personnel between countries. According to the South Korean Ministry of Trade, Industry and Energy (equivalent to Japan's Ministry of Economy, Trade and Industry), official negotiations on CEPA were held for four days from the 2nd to the 5th.
It will be done. From the South Korean side, the chief representative, Free Trade Agreement Negotiator Jang Sung-gil from the Ministry of Trade, Industry and Energy, the Ministry of Industry, Trade and Energy, the Ministry of Planning and Finance (equivalent to Japan's Ministry of Finance), and the Ministry of Agriculture, Forestry, Livestock and Food (Japan's Agriculture, Forestry and
A government delegation of over 30 people including the Ministry of Fisheries (equivalent to the Ministry of Fisheries), the Ministry of Maritime Affairs and Fisheries (equivalent to Japan's Ministry of Agriculture, Forestry and Fisheries), the Ministry of Land, Infrastructure, Transport and Tourism (equivalent to Japan's Ministry of Land, Infrastructure, Transport and Tourism), and the Ministry of Justice (equivalent to Japan's Ministry of Justice). participate in negotiations
. The chief representative from the UAE will be the Assistant Secretary of State for Economic Affairs. The size of the delegation is approximately 30 people. The negotiations follow a joint statement by the trade secretaries between South Korea and the UAE in 2021.
This is a further measure. At that time, both countries agreed to promote CEPA. Recently, we have been exchanging opinions in writing and solidifying the foundation for official negotiations through online discussions.
The Korean delegation will discuss differences in positions through the negotiations, which will include discussions in a total of eight areas, including products, services, origin, and cooperation.
The plan is to fill in the blanks. The Korean government hopes that by concluding CEPA, it will establish an institutional framework to expand economic cooperation from multiple angles in areas such as new energy industries.