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Qatar and South Korea Explore Strategic Cooperation in Trade and Investment

Seoul: The State of Qatar and the Republic of Korea discussed bilateral cooperation and opportunities for collaboration in strategic projects, as well as strengthening and developing partnerships, particularly in trade and investment. This initiative was part of an official visit by a Qatari delegation led by HE Minister of State for Foreign Trade Affairs at the Ministry of Commerce and Industry, Dr. Ahmed bin Mohammed Al Sayed, to Seoul.

According to Qatar News Agency, during the visit, HE the Minister met with HE Prime Minister of the Republic of Korea, Kim Min-seok, to address bilateral relations and explore ways to further strengthen them, with a particular focus on trade and investment. The dialogue also covered other topics of mutual interest between the two nations.

HE Dr. Al Sayed held a series of meetings with senior Korean officials, including HE Special Envoy of the President of Korea and Presidential Chief of Staff Kang Hoon-sik, HE Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, HE Minister of Trade Yeo Han-koo, and HE Minister of SMEs and Startups Han Seong-sook. These discussions focused on enhancing cooperation in advanced industries such as artificial intelligence, semiconductors, and biotechnology.

The meetings were a follow-up to the outcomes of the Korean presidential envoy's visit to Qatar in April. Both sides emphasized the importance of expanding strategic investment cooperation, reflecting a mutual commitment to strengthening their partnership.

Additionally, HE the Minister engaged with several CEOs of Korean technology companies operating in advanced sectors, including artificial intelligence. These interactions aimed to explore cooperation opportunities, develop joint projects, and enhance the presence of these companies in the Qatari market.