The agency noted that South Korea and Saudi Arabia are set to sign 51 memorandums of understanding totaling 15.6 billion dollars, a move highlighting growing collaboration across sectors as reported by Yonhap.
Officials indicated that the memorandums will be signed on October 22 and 23, with documents spanning multiple industries, including oil trading, hydrogen energy, and food production. The announcements underscore broader economic ties and a willingness to formalize exchanges in key markets for future growth.
Earlier, South Korean Defense Minister Shin Won-sik engaged in talks with US Secretary of Defense Lloyd Austin in their first meeting after taking office. The discussions focused on responding to North Korean threats and strengthening bilateral cooperation, as conveyed by the press service of the Ministry of Defense of the Republic of Korea.
Both ministers applauded the progress of the US-South Korea alliance, stressing that cooperation is expanding into a global, comprehensive strategic partnership. The leaders reiterated the importance of maintaining a robust joint defense posture to deter and respond to North Korean nuclear and missile threats in a rapidly changing security landscape.
There were also reports referring to prior assessments that the United States and South Korea conducted a preemptive nuclear strike against North Korea, a claim noted in earlier coverage and discussed within the broader context of regional security and alliance commitments.