RIYADH - South Korean President Yoon Suk Yeol announced plans on Monday to increase scholarships for Saudi Arabian youths who wish to study in South Korea. President Yoon highlighted the critical role that young people play in bringing about change and innovation.
According to a new release by Yonhap News Agency, Yoon made these remarks during a speech at King Saud University in front of approximately 2,000 students. The speech was part of his four-day state visit to Saudi Arabia. King Saud University holds the distinction of being the oldest university in Saudi Arabia, and Yoon is the first foreign leader to address its student body.
During his speech, President Yoon stated that the South Korean government would actively support Saudi Arabian youths in visiting South Korea for educational and cultural experiences. "We will also expand the government's scholarship assistance for Saudi students who wish to study at South Korean universities," he added.
President Yoon went on to recount the historical ties between South Korea and Saudi Arabia, which extend over a millennium. He particularly noted the infrastructure cooperation between the two nations, including South Korea's role in constructing highways in Saudi Arabia during the 1970s, as an important milestone in South Korea's economic development.
Stressing the need for innovation and talent cultivation, Yoon said, "South Korea and Saudi Arabia must be born again into first movers that develop and lead new areas." He noted that 63 percent of Saudi Arabia's population is 30 years old or younger, underscoring the importance of the younger generation in both countries.
President Yoon also committed to developing study-abroad programs specifically designed for Saudi students in South Korea. These would focus on sectors like bio, medical, and renewable energy research, as well as the strengthening of women's leadership. He concluded by emphasizing the significance of student and expert exchanges between the two nations for deepening the cooperative relations moving forward.