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South Korea, UAE Forge $35 Billion Defense Pact

2/26/2026

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Story summary
  • On February 26, 2026, South Korea and the United Arab Emirates signed a memorandum of understanding to enhance defense cooperation valued at over $35 billion.
  • The agreement covers anti-air defense, air force, and navy initiatives.
  • Kang Hoon-sik, President Lee Jae Myung's chief of staff, announced the details upon his return from the United Arab Emirates.