President Moon Jae-in is set for talks with the visiting Saudi Crown Prince in Seoul as the two sides look to bolster their economic relations.
The Blue House says President Moon and Mohammed bin Salman, who's joined in Seoul by some 300 Saudi business leaders, are aiming to boost ties in construction, infrastructure as well as ICT and future industries.
Also on their agenda: finding ways to promote peace and prosperity on the Korean Peninsula.
The Crown Prince is Saudi Arabia's key decision maker on state affairs on behalf of his elderly father, King Salman.
A welcoming ceremony at Seoul's top office starts within the hour.
This marks the first trip to South Korea by an heir to the Saudi throne in 21 years.
After spending two days in Seoul, MBS will head to Japan to attend the G20 Summit in Osaka.