{"id":71948,"date":"2023-07-10T00:00:00","date_gmt":"2023-07-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/"},"modified":"2023-07-10T00:00:00","modified_gmt":"2023-07-10T00:00:00","slug":"uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/uae-south-korea-to-boost-trade-logistics-ties-plus-more-trade-cooperation-between-iraq-and-azerbaijan-iraq-and-spain-iran-and-belarus-and-egypt-and-greece\/","title":{"rendered":"UAE, South Korea to boost trade, logistics ties. PLUS: More trade cooperation between Iraq and Azerbaijan, Iraq and Spain, Iran and Belarus, and Egypt and Greece"},"content":{"rendered":"

<\/span>UAE + South Korea boost trade + logistics cooperation:<\/span> The UAE and South Korea <\/span>agreed to enhance and broaden economic collaboration and bolster mutual investments in 11 sectors, including trade and logistics, during the eighth session of the <\/span>UAE-South Korea Joint Economic Committee, according<\/span> to a<\/span>statement<\/a><\/span>. <\/span><\/p>\n

South Korea\u2019s been boosting its involvement across MENA: <\/span>South Korea\u2019s Ministry of Land, Infrastructure, and Transport (MOLIT) signed two MoUs in <\/span>May<\/a><\/span>with Saudi Arabia to deepen cooperation on future mobility and roads. South Korean shipping giant <\/span>HMM<\/a><\/span> also recently launched a new shipping line connecting the MENA region with <\/span>markets in the Far East, India and the Mediterranean regions. South Korea\u2019s Incheon Port Authority (IPA) also <\/span>recently launched<\/a><\/span> a regular container sea route connecting the port with Jebel Ali in the UAE, in the first direct shipping service connecting the port with the Middle East in five years.<\/span><\/p>\n

<\/p>\n

\n

Iraq and Azerbaijan discuss establishing an air route connecting Baku to <\/span>Baghdad:<\/span> Iraq\u2019s foreign minister Fuad Hussein met with Azerbaijan\u2019s transport minister Rashad Nabiyev in Baku, Azerbaijan where the two discussed the importance of strengthening transport and aviation links, <\/span>INA<\/a><\/span> reports. <\/span><\/p>\n

In addition to a Baku-Baghdad aerial route, both sides mulled the establishment of a secondary route linking Erbil in Northern Iraq and Baku,<\/span> INA said. Also on the agenda were efforts to streamline entry for Iraqi nationals wishing to visit Azerbaijan and plans for a visit by Nabiyev and Azerbaijani trade officials to Baghdad in October. <\/span><\/p>\n

Iraq and Spain\u2019s transport ministers discussed lifting the European air embargo <\/span>on Iraqi airlines<\/span>, Iraqi News Agency (<\/span>INA<\/a><\/span>) <\/span>reports. The ministers explored avenues for cooperation, including the development of transportation infrastructure such as roads and the Grand Faw Port. They also addressed cooperation in maritime transport and ports.<\/span><\/p>\n

<\/p>\n

\n

Iranian Foreign Minister Hossein Amirabdollahian and his Belarusian counterpart <\/span>Sergei Aleinik<\/span> discussed boosting economic and trade cooperation <\/span>on Thursday, <\/span>according to Iran\u2019s state-aligned <\/span>Tasnim<\/a><\/span> news agency. The pair discussed <\/span>building on agreements \u2014 covering trade, transport, and agriculture \u2014 inked by both countries <\/span>during a visit<\/span> by Belarus\u2019 President Alexander Lukashenko to Iran <\/span>in March<\/a><\/span>. They also debated putting in place a \u201croadmap\u201d for cooperation as well as measures to boost bilateral trade and collaborate on industrial projects, transportation, and transit. <\/span><\/p>\n

Egypt\u2019s <\/span>Suez Canal Authority<\/a><\/span> (SCA) head Osama Rabie and Greece\u2019s Maritime <\/span>Minister Miltiadis Varvitsiotis discussed strengthening cooperation <\/span>and joint coordination between the two countries at the Arab-Hellenic Chamber of Commerce and Development conference, last week, according to an SCA <\/span>statement<\/a><\/span>. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

UAE + South Korea boost trade + logistics cooperation: The UAE and South Korea agreed to enhance and broaden economic collaboration and bolster mutual investments in 11 sectors, including trade and logistics, during the eighth session of the UAE-South Korea Joint Economic Committee, according to astatement. South Korea\u2019s been boosting its involvement across MENA: South […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[53],"tags":[52,17,405,32,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71948","post","type-post","status-publish","format-standard","hentry","category-diplomacy","tag-diplomacy","tag-enterprise-logistics","tag-south-korea","tag-trade","tag-uae","wpautop","entry"],"acf":{"mongo_id":"5f990e5a-ee23-4b70-ad0a-7275855ddf8d","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/310.jpg,https:\/\/twitter.com\/Economyae\/status\/1676998995975995411\/photo\/1","photo_position":"above","homepage_title":"","full_issue_title":"UAE, South Korea to boost trade, logistics ties. 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