(ANSA) – DUBAI, 17 JAN – On the sidelines of the national day of South Korea at Expo, preliminary agreements were signed with the United Arab Emirates for the sale of medium-range ground-to-air missiles from Seoul to the Gulf nation. This was reported by the South Korean agency Yonhap.
On Sunday at the Expo, South Korean President Moon stressed the strategic importance of defense cooperation between the two nations.
The agreement was signed between Moon and the Prime Minister of the United Arab Emirates Mohammed bin Rashid Al Maktoum in Dubai, the South Korean agency still reports, referring to the presidential office as a source. Unofficial sources report the economic value of the agreement 3.5 billion dollars.
Last November, the UAE Ministry of Defense announced plans to acquire “hit-to-kill” technology, missiles designed to intercept hostile missiles that arrive at altitudes below 40 kilometers.
South Korean President Moon will visit Riyadh tomorrow, Tuesday, and a meeting with Saudi Arabian Crown Prince Mohammed bin Salman is scheduled. (HANDLE).
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Source From: Ansa
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