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.