New Gulf-Asia Trade Corridor in UAE-South Korea Agreement

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Gulf states are increasing their economic focus on Asia, with the United Arab Emirates signing a major trade deal with South Korea and Qatar stepping up economic dialogue with Seoul, Euronews reports. The agreement between the UAE and South Korea was signed a day after Abu Dhabi left OPEC, marking a strategic shift towards trade and economic cooperation. Massive tariff cuts and boosted trade The new partnership, known as the Comprehensive Econom…