Saudi Press

Saudi Arabia and the world
Friday, Oct 25, 2024

Russia-North Korea Defense Pact Raises Global Concerns; Saudi Arabia's Ambitious Industrial Strategy and Cultural Diplomacy Unveiled

Russia-North Korea defense pact sparks South Korean security review; Saudi Arabia unveils $1.3 trillion industrial strategy.
Starting with an escalation in international tensions, Russia and North Korea have ratified a defense treaty involving mutual military assistance, sparking concerns in South Korea. As intelligence indicates North Korea might deploy troops to assist Russia in Ukraine, Seoul contemplates a potential review of its arms policy towards Kyiv.

Meanwhile, Saudi Arabia is focusing on economic transformation with a $1.3 trillion plan to advance its industrial sector through green initiatives and smart city developments. This National Industrial Strategy aims to diversify the kingdom's economy, reduce reliance on oil, and increase local content production.

In other news from Saudi Arabia, King Abdulaziz University recently hosted a groundbreaking Stem Cell Forum, showcasing remarkable research and volunteer opportunities. Attendees explored advancements in areas such as ophthalmology and spinal muscular atrophy, while the university celebrated milestones like establishing a human mesenchymal stem cell line.

Additionally, Saudi Arabia is leading cultural initiatives with the launch of its first "Arab Week at UNESCO" in over 50 years, held in Paris. This event highlights Arab culture through exhibitions of calligraphy, music, and cuisine, supported by Saudi Minister of Culture Prince Badr bin Farhan.

In another region facing tensions, former Israeli official Eran Etzion has called on soldiers to reject orders violating international law during military actions in Gaza. Expressing concern about civilian impacts and criticizing current leadership, Etzion underscores the importance of legal compliance amidst ongoing conflicts.

Finally, turning to the situation in Gaza, Hamas representatives have traveled to Moscow to negotiate the release of Russian hostages with Deputy Foreign Minister Mikhail Bogdanov. Discussions centered on hostage exchanges and highlighted the enduring diplomatic ties between Hamas and Russia, with the potential prioritization of freeing two Russian nationals.
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