South Korea Signs Missile System Export Deal With UAE Amid Stronger Cooperation

South Korea Signs Missile System Export Deal With UAE Amid Stronger Cooperation
South Korea's President Moon Jae-in attends the first joint repatriation ceremony for Korean War remains at Joint Base Pearl Harbor-Hickam near Honolulu, Hawaii, on Sept. 22, 2021. Marco Garcia/Reuters File Photo
Aldgra Fredly
Updated:

South Korea has signed a preliminary deal with the United Arab Emirates (UAE) to sell Seoul’s mid-range surface-to-air missiles worth 4 trillion won ($3.36 billion), as both countries seek to strengthen cooperation, according to local media outlets.

Seoul is set to export its Cheongung II missile system to the UAE in what is believed to be its largest export deal, which was signed on Jan. 16 after President Moon Jae-in met with Emirati Prime Minister Sheikh Mohammed bin Rashid Al Maktoum in Dubai earlier in the day, Yonhap News Agency reported.