During her visit to the Kingdom of Saudi Arabia, starting today, Tuesday, Her Excellency the Korean President, Park Geun-hye will have an audience with the Custodian of the Two Holy Mosques King Salman ibn Abdulaziz. The visit will afford an opportunity to affirm the strong diplomatic relations as well as the mutual positive ties and ever developing relations between the two countries. On the sidelines of the upcoming paramount visit, KACARE will run talks with Korean side with a view to sign a Memorandum of Understanding with the Ministry of Science, ICT and Future Planning in the Republic of South Korea. The MOU to be signed will be centered on the mutual nuclear cooperation for peaceful uses. Such a promising cooperation as will be outlined in the said MOU will cover cooperative programs under the umbrella of a Partnership the focus of which will be a Modular Integrated Units Reactor, plus building joint capacities of nuclear human resources as well as enhancement of academic research activities. The said MOU will be signed at the audience of the Custodian of the Two Holy Mosques.
In the light of the visit, it has been decided that the Ministerial Meeting among KACARE, MSIP and the Korean Ministry of Commerce, Industry and Energy will be held at KACARE’s Riyadh Headquarters on Wednesday, 4 March 2015. The two sides will discuss the current mutual activities and ways and means of future collaboration, building on the bilateral agreement already signed between the Kingdom of Saudi Arabia and the Republic of South Korea in 2011 with a view to develop and apply nuclear energy for peaceful uses.
It is worth mentioning that the President of King Abdullah City for Atomic and Renewable Energy, Dr. Hashim Abdullah Yamani, is scheduled to receive Her Excellency the South Korean President, Mrs. Park Geun-hye in confirmation of the common interest of both sides.
It goes without saying that KACARE, throughout its elaborations with the Korean side, will undoubtedly focus on building the capacities of human resources. Equally important shall be KACARE’s keen interest in establishing value chains and scientific cooperation in the field of nuclear energy for peaceful purposes, with the support of the Saudi creative economy in the back of its heart of hearts.
To take cognizance of the nature of KACARE’s future Site lying in the south-western part of Riyadh, the Ministerial Delegation is scheduled to visit the same.