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Korea, Saudi Arabia sign MOUs for mobility, road projects

Korea and Saudi Arabia signed two initial agreements on Tuesday for future mobility and roads, the transport ministry said, in the latest move to boost cooperation between the two countries.  The memorandums of understanding call for cooperation in the future of mobility and innovation in the transport and logistic services sectors as well as in the field of roads, according to the Ministry of Land, Infrastructure and Transport.

Recently, Korea's Finance Minister Choo Kyung-ho held talks with his Saudi counterpart, Mohammed Al-jadaan, in Seoul and asked Riyadh to help Korean companies participate in Saudi Arabia's NEOM smart city project.

Read the full story at Korea Times

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