Rabiah further said that the Republic of Korea is one of the most important trading partners of the Kingdom of Saudi Arabia, and comes among top ten ranking export and import countries to and from the Kingdom, in addition to the presence of (120) Saudi-Korea joint ventures worth of nearly one billion dollars, of which 20 % are industrial projects and the remaining are non-industrial projects in the Kingdom. The Minister of Commerce and Industry also stressed that the Kingdom of Saudi Arabia is keen to support and develop trade relations with key partners through mechanisms that contribute to this, including participation in conferences and meetings that are held in both countries, expressing his aspirations that the Forum achieves its objectives, including: strengthening the trade and economic exchanges between the two countries, creating an effective environment to encourage the private sector in both countries to seize available value-added investment opportunities, contributing to supporting the economies of the two countries and cooperating in the field of knowledge-based industries. --More 14:23 LOCAL TIME 11:23 GMT تغريد