Kang Hoon-sik Discusses Cooperation with Qatari Minister: "Agreed to Expand Investment in Advanced Industries"

From the left, Ahmed bin Mohammed Al-Sayed, State Minister for Foreign Trade of Qatar, and Kang Hoon-sik, Secretary to the President, discussed ways to expand cooperation between the two countries on the 29th. X Capture

Kang Hoon-sik, Chief Presidential Secretary, discussed ways to expand cooperation with Ahmed bin Mohammed Al-Sayed, Qatar's Minister of State for Foreign Trade.

On the 29th, through X (formerly Twitter), Kang stated, "At today's meeting, we agreed to broaden the relationship between the two countries, which has traditionally centered around natural gas imports and exports and LNG carrier orders, to include investment cooperation in advanced industries such as artificial intelligence (AI), semiconductors, and biotechnology."

He added, "When I told Emir Tamim during our meeting on April 13 that it was time to expand bilateral cooperation, centered on the energy sector, to include investment in advanced industries such as AI, Emir Tamim promised to send a delegation 'immediately.' In fact, within just two weeks, a large delegation led by Minister Al-Sayed, and including officials from the Ministry of Commerce and Industry, the Ministry of Communications and Information Technology, and the sovereign wealth fund, visited Korea."

Minister Al-Sayed previously served as CEO of Qatar's sovereign wealth fund, which is the eighth largest in the world and manages a total of USD 580 billion in assets.

Kang noted, "Minister Al-Sayed expressed his gratitude to the Korean government for providing opportunities to meet with many advanced technology companies during this visit to Korea."

He continued, "I told them that if there are any difficulties regarding investment in Korea, I will personally prioritize resolving them, so please feel free to contact me at any time." He also stated, "The investment fund representatives who accompanied the Qatari delegation are reportedly holding a series of detailed discussions with officials from potential investee companies."

In addition, Kang emphasized, "Emir Tamim conveyed his intention to make Korea his first overseas visit as soon as the situation in the Middle East stabilizes," and added, "I will maintain real-time communication with Minister Al-Sayed and other Qatari government officials to ensure that this visit yields substantial outcomes."

This content was produced with the assistance of AI translation services.