South Korea and Saudi Arabia signed a MOU.

South Korea and Saudi Arabia have signed a memorandum of understanding to expand defense cooperation. The agreement will see the two establish a joint committee and a working group for weapons systems research and development, as well as production, to continue cooperation in defense. The defense ministers of both countries were present during the signing of the agreement. South Korea is aiming to increase its arms sales and become one of the world's largest suppliers of weapons.

February 05, 2024
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