Agreements exchanged at the Convention include:
The National Command Center for Clinical Trials agreement between Korea National Enterprise for Clinical Trials, Seoul National University Hospital, and the Ministry of National Guard Health Affairs /King Abdullah International Medical Research Center,
An Artificial Intelligence for Healthcare agreement between Seoul National University Bundang Hospital, and the Ministry of National Guard Health Affairs /King Abdullah International Medical Research Center,
A Research & Development and Manufacturing of Biosimilars agreement between Samsung Bioepis and the Ministry of National Guard Health Affairs /King Abdullah International Medical Research Center,
A Genomics and Precision Medicine for Diagnosis and Therapeutics agreement between GENINUS, Inc and the Ministry of National Guard Health Affairs /King Abdullah International Medical Research Center,
A Technical Cooperation for SME Banking agreement between the Industrial Bank of Korea and Saudi Arabia’s SMEA,
An agreement to conduct a Feasibility Study of Additional MPE Plants using Nexlene Technology between SK Global Chemical and Saudi Arabia’s SABIC,
A PDH-PP Project agreement between SK Gas Co, Ltd and SABIC,
A PP Compounding Project between SK Gas Co, Ltd and Advanced Global Investment Company,
A Mixed Feed Cracker Study between SK Gas Co, Ltd and Advanced Global Investment Company,
A Cooperation Agreement in the Field of Recycling between BLOOMX and Avin Riyadh Trading Establishment,
A Cooperation Agreement in the Field of Money Transfer between BLOOMX and Avin Riyadh Trading Establishment,
A Cooperation Agreement in the Solar Energy Sector between BLOOMX and Avin Riyadh Trading Establishment,
A Media Cooperation Agreement between MINORITY and MAG Production,
A Partnership to Manufacture Industrial Values between PK Valve Co, Ltd and Saudi Valve Manufacturing Company,
A Technical Cooperation Agreement between the Saudi Standards, Metrology and Quality Organization and the Korea Research Institute of Standards and Science.
Since 2016, the Saudi Arabian government has delivered 45% of over 500 planned reforms, including the introduction of 100% foreign ownership rights, enhancing legal infrastructure and offering greater protection for shareholders. As a result, Saudi Arabia is climbing international competitiveness and ease-of-doing-business rankings and investors are increasingly towards to the Kingdom, with FDI inflows increasing by 127% in 2018 and the number of new companies entering Saudi Arabia rose 70% on a year-on-year basis in Q1 2019.
--SPA
13:13 LOCAL TIME 10:13 GMT
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