South Korea for a stable oil imports from Kuwait

Kuk-hwan Sin, minister of commerce, industry and energy in south Korea has stressed that his country seeks to ensure the security and stability of its oil imports from Kuwait in the context of its care to strengthen relations between the two countries in various fields.

In a statement yesterday upon his arrival in Kuwait in the framework of his tour on the Gulf Cooperation Council (GCC) member states, Kuk-hwan said that his country depends largely in its oil imports on the Kuwaiti oil, noting that the Korean companies have important presence in the Kuwaiti market.

For his part, the Kuwaiti minister of commerce and industry Salah Abdul Rida Jhours his commended the remarkable trade relations between Kuwait and South Korea, noting that the volume of Kuwait's imports from southern Korea reached USD 200 million in 2002.