This handout image provided by the UAE Presidential court shows Emirati President Sheikh Mohamed bin Zayed Al-Nahyan (R) meeting with South Korea s President Yoon Suk-yeol during a state visit at the royal palace in Abu Dhabi, on January 15, 2023. AFP
Yoon's comments made in front of the country's leader, Sheikh Mohammed bin Zayed Al Nahyan, served to underscore his readiness to promote joint cooperation between both countries, as his nation seeks to bolster efforts toward carbon neutrality by 2050. Albeit this would rely in part on returning to nuclear power, even though his predecessor had tried to move away from atomic power.
In this context, Seoul is working to finish the Arabian Peninsula's first atomic power plant. That could see South Korea in line for lucrative maintenance contracts and future projects in the UAE.
"If our two countries join efforts in clean energy development . it will not only enhance our two countries energy security but also will contribute to global energy market stability,'' Yoon said in an address at Abu Dhabi Sustainability Week.
The UAE also promises to be carbon neutral by 2050, a target that remains difficult to assess and one that the Emirates still has not fully explained how it will reach. The $20 billion Barakah nuclear power plant, Seoul's first attempt to build atomic reactors abroad, will one day account for nearly a quarter of all of the Emirates' power needs.
Already, Yoon's four-day trip the UAE has seen a promise from Sheikh Mohammed to invest some $30 billion in the country. Heavyweight business leaders from Hyundai, Samsung and other companies also are taking part in the state visit.
During his trip, Yoon also visited South Korean special forces stationed in the United Arab Emirates, a murky deployment that grew out of Seoul's deal over the nuclear power plant. The Akh unit is comprised of some 150 troops.
"The security of our brother nation is our security. The enemy of the UAE, its most-threatening nation, is Iran, and our enemy is North Korea. ... We are in a very similar situation with the UAE,'' he said.
Yoon's comments comes as the Emiratis have been trying to hedge in its relationship with Iran, a major business partner. The UAE also is home to around 3,500 American troops at Al Dhafra Air Base, a naval outpost in Fujairah and other locations.
Already, the Emiratis have paid $3.5 billion for the Cheongung II, or "Heaven's Bow,'' surface-to-air missile system from South Korea to protect itself against aerial threats. Emirati officials have grown increasingly concerned about protecting their airspace after being targeted in long-range drone attacks by Yemen's Iran-backed Houthi rebels, drones likely built by or with Tehran's help.
South Korea has found itself squeeze by the tensions over Iran's collapsed nuclear deal with world powers. Billions of dollars in Iranian funds remain in Seoul, frozen by American sanctions. Iran held a South Korean oil tanker for months in 2021 amid the dispute.
*This story was edited by Ahram Online