President Yoon holds dinner with 180 economic delegates... ”Team Korea has achieved an MOU of over $15.6 billion in export orders”

South Korean President Yoon Seo-gyul, who is on a state visit to Saudi Arabia, said on the 23rd (local time), ``During this visit to Saudi Arabia, our Team Korea will be able to raise 15.6 billion dollars (approximately 2.338 trillion dollars).
"We have concluded an MOU (memorandum of understanding) and contract for export orders worth over 1 billion yen." President Yoon held a meeting at a hotel in the capital Riyadh this afternoon.
At the “Dinner for businessmen accompanying the state visit to Saudi Arabia,” he said, “Amidst the global energy crisis, the joint crude oil stockpiling project with Saudi Arabia, the largest source of crude oil supply, and the
"Through the ammonia production contract, we reaffirmed our strong energy security cooperation and served as an important stimulus to inject new vitality into our economy."
In attendance were the South Korean President's Office, the South Korean government delegation, Samsung Electronics Chairman Lee JeYeon, and Hyundai Motor Group's Chung Eui-sung.
Kim Dong-kwan, vice chairman of Hanwha Group, Park Ji-won, chairman of Doosan Enablement, and Ryu Jin, chairman of Pungsan Group.
Chairman of the Korean Business Association, Heo Tae-soo, chairman of GS Group, Kim Seok-jun, chairman of Ssangyong Construction, and Kim Yong-seop of Korean telecommunications giant KT.
More than 180 economic delegates attended, including CEO (Sup) and HD Hyundai Oil Bank President Ju Young-min. President Yoon said, ``Even in difficult circumstances, everyone is working hard to develop new markets.
After meeting him, I became determined to work even harder as a salesperson.''He added, ``I believe that even in the complex crisis that our economy is facing, we will not be able to find a breakthrough through the new Middle East boom.''
I think we can do that," he said.