[Photo] K-Tech Signs MOA with UAE Company Karakal

On the 16th (local time), defense company K-Tech signed a Memorandum of Agreement (MOA) with Caracal UAE on firearms manufacturing, import-export business, and participation in special operations bids at the Korea-UAE Business Forum held at the Rixos Marina Hotel in Abu Dhabi, United Arab Emirates, with Lee Chang-yang, Minister of Trade, Industry and Energy, in attendance. From left in the photo: Jang Jin, CEO of K-Tech; Minister Lee Chang-yang; Hamad, CEO of Caracal; and Noh Jin-ho, Caracal Asia representative. Photo courtesy of K-Tech.