Igniting Trade and Tech partnership President Sheikh Zayed's visit South Korea or China

President Sheikh Mohamed of the UAE is visiting China and South Korea this week. The main goals of the visits are to strengthen economic ties and cooperation on technology. Both China and South Korea are leading countries for advanced technologies. The UAE wants access to these technologies to help diversify its economy away from relying on only oil. During the visits, the leaders will discuss trade deals, investments, and partnership on areas like energy, manufacturing, and healthcare. 

The UAE already has strong economic relations with China and South Korea. China is the UAE's largest trading partner in the Arab world. Both countries are increasing investments and trade between each other across many industries. The UAE may try to negotiate a free trade agreement with China to boost economic ties further. It also has close business links with South Korea, including building nuclear power plants together. The countries will look at expanding cooperation on sectors like renewable energy.

Technology will be an important focus. The UAE wants access to technologies from China and South Korea to support its growth plans. Areas like artificial intelligence, renewable energy, and advanced manufacturing are of interest. Developing ties on finance and linking economic systems could also provide benefits. The state visits aim to take the strategic partnerships between the UAE and these countries to the next level across trade, investment, and technology cooperation.