Seoul, Muharram 5, 1436, Oct 29, 2014, SPA -- Minister of Commerce and Industry of the Kingdom of Saudi Arabia Dr. Tawfiq bin Fawzan Al-Rabee'a today described the Saudi Korean relations as making great strides over the last few decades, noting that Korea is Saudi Arabia's fifth largest supplier and fourth largest importer. In press remarks following the opening of the first Korea Saudi Business Forum currently ongoing in Seoul, Dr. Al-Rabee'a said the Korean side has demonstrated great interest in investing in the Kingdom, citing the more than 500 attendees at today's event, an evidence, he said, of the Korean side's care to further promote bilateral relations between the two countries to new skies. He expressed optimism of the future of trade between the two countries due to the two sides' interest to do so, noting that some Korean companies have already reached agreements on the sidelines of the forum. --SPA 22:55 LOCAL TIME 19:55 GMT www.spa.gov.sa/w
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