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FinancialNews


  • 03-04-19

    Saudi Arabia, S. Korea to bolster economic cooperation

    (MENAFN) Saudi Arabia reviewed with South Korea means to strengthen bilateral relations and cooperation in various economic areas, mostly in energy.

    Discussions were carried out between Saudi minister of economy and planning Mohammad Al-Tuwaijri and South Korean industry minister Sung Yun-mo.

    This comes following the establishment of a joint working group between Saudi Arabia and South Korea within Saudi Vision 2030.

    According to the Saudi minister, "Saudi-Korean ties date back more than 50 years, and as we are standing here during the second Saudi Korean Vision 2030 meeting, our commitment to the relationship with South Korea is evident."

    Al-Tuwaijri added "the Saudi Korean Vision is not only a platform for both our governments but also for the private sector to play a stronger role in strengthening the economic relationship."

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