Riyadh, March 13 (BNA): Minister of Investment Khalid bin Abdulaziz Al-Falih held talks with Minister of Small and Medium Enterprises and Emerging Companies in the Republic of Korea, Dr. Lee Young.
And the Saudi Press Agency (SPA) stated that the meeting discussed ways to enhance cooperation in the field of entrepreneurship, innovation and areas of common interest.
The two sides also discussed investment partnership opportunities, in addition to introducing small, medium and developing Korean companies to the investment environment in the Kingdom.
Ten memorandums of understanding were signed in the field of entrepreneurship and innovation.
The MoUs aim to provide support to small, medium and developing enterprises; Enabling entrepreneurs to enter the field with more confidence and focus; Accelerate corporate growth. Attracting investments in various fields.
In cooperation with Saudi Endeavor, the ministry also organized a panel discussion for a group of Saudi and Korean businessmen.
NAA