사우디아라비아와 아랍에미리트의 미래비전 분석과 한국의 유망 협력분야 연구

A Study on the Future Vision of Saudi Arabia and the UAE and Korea s Promising Fields of Cooperation

Saudi Arabia and the United Arab Emirates (UAE) are pursuing their respective future vision policies to reduce their dependence on oil and focus more on industrial diversification. For example, Saudi Arabia has promoted its entertainment industry within the framework of the Saudi Vision 2030, the Dubai government has launched the Dubai Industrial Strategy 2030 within the Dubai Plan 2021 to boost manufacturing, and Abu Dhabi has been investing in the aerospace industry to lead the Fourth Industrial Revolution under the Abu Dhabi Economic Vision 2030. These countries currently rely largely on oil revenues; however, the unpredictability of oil prices may lead to a decline in government financial revenues and in turn, political instability. The future vision of each country serves as a survival strategy to ensure its sustainability. The purpose of this study is to analyze the status of the economic diversification policy, promoted under the future visions of Saudi Arabia and the UAE. This study is significant in that it explores the transformation of rent-seeking countries’ characteristics under the Future Vision strategy and investigates Korea’s collaboration with the Gulf countries.