Seoul, Dec 18 (NationPress) On Thursday, South Korea's Industry Minister Kim Jung-kwan engaged in discussions with his counterpart from the United Arab Emirates (UAE), Sultan Al Jaber, to explore avenues for enhancing collaboration in the fields of artificial intelligence (AI) and energy, as reported by Kim's office.

This meeting in Seoul followed up on the leaders' summit held between the two nations in Abu Dhabi last month, where South Korean President Lee Jae Myung and UAE President Mohamed bin Zayed Al Nahyan committed to working together on the UAE's Stargate project, which aims to develop AI computing and cloud infrastructure in the region.

According to the ministry, Kim emphasized that Seoul could significantly contribute to this initiative, leveraging its expertise in semiconductors, data centers, engineering, and construction.

Moreover, both ministers agreed on the necessity to bolster their energy collaboration, identifying the trade of oil and gas as a vital component of their economic ties.

They also deliberated on expanding the joint oil stockpiling arrangements, highlighting the importance of a 13-year-old initiative that has aided in securing both nations' energy supply chains, as stated by the ministry.

In a related meeting, Climate Minister Kim Sung-hwan also sat down with Al Jaber to discuss energy partnerships between Seoul and Abu Dhabi. During this session, Kim suggested that Korea could provide its low-carbon electric power infrastructure technologies, such as power grids and energy storage systems, to support the Stargate project.

Additionally, they considered forming a joint energy forum aimed at assisting the global community in achieving its goal of tripling renewable energy capacity by the year 2030, according to the Ministry of Climate, Energy and Environment.