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Top related persons:
Shin Won - 1 sik - 1 Shin - 1 Mohammed bin Mubarak Al Mazrouei - 1 Khalid bin Mohammed Al Attiyah - 1 Hyunsu Yim - 1 Ed Davies - 1
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SEOUL Saudi Arabia Riyadh Qatar Korea Israel Gaza
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United Arab Emirates - 1 South - 1 Akh Unit - 1 World Defense - 1 Korea Chamber of Commerce - 1 Industry - 1

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☆ S.Korea Defence Minister Heads to Middle East for Talks, Arms Expo
  + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
SEOUL (Reuters) - South Korea's defence minister Shin Won-sik departs on Thursday for a seven-day trip to the Middle East to hold ministerial talks and attend an arms exhibition in Saudi Arabia, the ministry said. He will also travel to Saudi Arabia on Saturday for the World Defense Show in Riyadh before heading to Qatar to meet Khalid bin Mohammed Al Attiyah, the country's defence minister. South Korea has emerged in recent years as one of the world's biggest arms exporters with sales jumping to $17 billion in 2022 from $7.25 billion the year before, data from the defence ministry showed. The country's arms exports to the Middle East grew nearly tenfold between 2013 and 2022, according to the Korea Chamber of Commerce and Industry. War in Israel and Gaza View All 194 ImagesExperts say arms sales have been buoyed by South Korea's price competitiveness and ability to ensure speedy delivery.
Persons: Shin Won, sik, Shin, Mohammed bin Mubarak Al Mazrouei, Khalid bin Mohammed Al Attiyah, Hyunsu Yim, Ed Davies Organizations: United Arab Emirates, South, Akh Unit, World Defense, Korea Chamber of Commerce, Industry Locations: SEOUL, Saudi Arabia, Riyadh, Qatar, Korea, Israel, Gaza
☆ Analysis: Shocked by Ukraine war, Russian neighbour Kazakhstan looks west
  + stars: | 2022-11-17 | by ( Olzhas Auyezov | ) www.reuters.com   time to read: +8 min
Out of total exports of 68 million tonnes a year, 53 million tonnes of Kazakh oil move through it. The chief executive of Khazakhstan's state oil firm KazMunayGaz said this week that the target of 20 million tonnes was a "medium-term" aim. But getting Kazakh oil to Baku requires either tanker shipments across the sea or the construction of a trans-Caspian pipeline. Smailov said last week that Kazakhstan would start by sending an additional 1.5 million tonnes a year via BTC starting from 2023, gradually rising to 6-6.5 million tonnes. Kazakhstan's Aktau port, the only one equipped to load oil tankers, can handle up to 5.5 million tonnes.
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