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South Korea and UAE Seal AI, Defense and Energy Deals as Lee Wraps Abu Dhabi Summit

The package positions the UAE as Korea’s regional base for joint projects targeting third‑country markets.

Overview

  • Seven memorandums of understanding were signed covering a strategic AI framework, space cooperation, next‑generation nuclear technologies, CEPA implementation and intellectual property.
  • Seoul will join the UAE’s Stargate AI data‑center initiative, starting with a 200‑megawatt facility toward a planned 5‑gigawatt campus, with initial investment estimated at about US$20.5 billion.
  • Defense ties will expand to joint development and manufacturing in the UAE with coordinated bids to other regions, and aides cited potential combined contracts of roughly US$15 billion.
  • The two governments agreed to pursue nuclear power exports together using the Barakah project as a model for entry into global markets.
  • Lee will convene a business roundtable in Abu Dhabi with leaders from Samsung, Hyundai, Hanwha and LG before departing for Egypt, the G20 summit in South Africa and a state visit to Turkey.