Foreign Affairs
S. Korea wins largest-ever oil development deal from UAE
March 13, 2011
ABU DHABI -- South Korean President Lee Myung-bak on an official visit to the United Arab Emirates (UAE) announced Sunday that his country has signed its largest-ever oil field development deal, potentially valued at 110 trillion won ($98 billion), with the oil-rich Middle East country. The deal, signed after Lee's summit with his UAE counterpart, Sheikh Khalifa bin Zayed Al Nahyan, here and