His Excellency the Minister of Commerce and Industry Dr. TAWFIG FAWZAN ALRABIAH met on Sunday, 01/14/1435 the Head of the Foreign Affairs Committee and unity in the National Assembly (Parliament) of the Republic of Korea.
During the meeting, they discussed the commercial and industrial relationship between the two countries and means of its development and to take advantage of the opportunities and benefits that are available, and to strengthen the commercial and industrial cooperation by encouraging the private sector in both countries to establish joint business and industrial enterprises. The meeting was attended by the senior officials of the Ministry.
The volume of trade exchange between the two countries in 2012 reached (169) billion riyals, the export value had reached (134) billion riyals, and the value of imports was (35) billion riyals.