Industrial Minister discusses with Korean Ambassador improving commercial relations

Yemen Denounces Latest Iranian Attacks on Kuwait and Bahrain

The Republic of Yemen has strongly condemned the recent Iranian attacks against the sisterly states of Kuwait and Bahrain, asserting that the continued targeting of neighboring nations and civilian facilities reflects the Iranian regime’s hostile conduct and its ongoing efforts to destabilize the region.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/03 Time 01:20:20
Latest News:

Yemen Denounces Latest Iranian Attacks on Kuwait and Bahrain

Marib Deputy Governor Stresses Importance of World Food Programme's Role in Easing Hardship for Vulnerable ..

Houthi Artillery Shells Target Civilians' Homes North of Taiz

Parliament Speaker Meets US Ambassador on End of His Term of Office

Dr. Abdullah al-Alimi Meets US Ambassador on End of His Term of Office

Industrial Minister discusses with Korean Ambassador improving commercial relations

[02/11/2023 02:08]

ADEN - SABA
Minister of Industry and Trade Mohammad al-Ashwal discussed Thursday here with Korean Ambassador to Yemen Do Bong-Kae improving economic and commercial relations between the two countries.

The meeting touched upon domains related to enhancing commercial exchange, which its level reached in the past USD 1.7 billion a year and reduced over Houthi militia's war on the state.

Minister al-Ashwal praised positions of the Korean friends in supporting government's efforts in economic and development fields, reviewing mechanisms of encouraging private sector to improve commercial balance with Korea.

He called upon Korean companies to visit Yemen and exploring investment opportunities, especially in field of energy.

For his part, the Korean diplomat confirmed his country's support to the Presidential Leadership Council, government and efforts of realizing peace in the country, as well as improving economic and commercial ties between the two countries.

He touched upon Korean companies' investment in Balhaf Establishment and their willing to invest in Yemen's ports, especially in the Transitional Capital of Aden.