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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Fatehelrahman Yousif

Seoul, Riyadh Seek Cooperation in Startups, Biotechnology

biotechnology Seoul Asharq AlAwsat Saudi Arabia South Korea
Lee Young, South Korean Minister of SMEs and Startups - Hyunghwan Joo, former South Korean Minister of Trade, Industry and Energy (Asharq Al-Awsat)

Saudi Arabia and South Korea are working to develop a comprehensive strategic cooperation, especially in the field of petrochemicals, energy supply chains, and the exchange of expertise and technological industries, with Seoul expressing interest in more vital partnerships that would also cover biotechnology industries and startups.

Lee Young, South Korean Minister of SMEs and Startups, said that the two countries have started a new era of cooperation in the field of developing SMEs and startups and exchanging expertise.

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