South Korea and Saudi Arabia vowed to expand ties in the hydrogen energy sector as it aims to seek sustainable development through 2030.
In a virtual meeting, South Korea's Industry Minister Moon Sung-wook opened up about expanding ties in the hydrogen sector to his Saudi counterpart, Khalid Al-Falih.
South Korea opted for hydrogen and other renewable energy as it breaks away from traditional sources of power In its hydrogen economy drive.
South Korea seeks to be carbon neutral by 2050.
The two ministers also discussed other ways to fortify bilateral ties under the Korea-Saudi Vision 2030 Committee platform, which was launched in 2017.
They agreed to promote digital trade and expand ties in the bio-health sector to cope with the pandemic.


Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Thailand Inflation Remains Negative for 10th Straight Month in January
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 



