President Moon Jae-in talks today (26th) with Muhammad bin Salman, Saudi Arabia's prime minister and deputy prime minister.

The prime minister, Prince Bin Salman, who is Saudi's "reality", will visit Korea on an official schedule of 1 night and 2 days from the invitation of President Moon.

This is the first visit to Prince Binzman's visit to the country and the successor to the Saudi throne is only 21 years after the 1998 King Abdullah reign.

Moon will hold a formal luncheon after attending the signing ceremony of the Memorandum of Understanding at the Cheong Wa Dae today.

The official luncheon will be attended by businessmen, including vice chairman Lee Jae-yong of Samsung Electronics, senior vice chairman of Hyundai Motor Group, SK Group Chairman Chey Tae Won, and LG Group president Kwangmo Cho.