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BISHKEK (TCA) — The Republic of Korea is among Kyrgyzstan’s closest partners in the Asian region, Kyrgyz Prime Minister Mukhammedkaly Abylgaziev said at the Kyrgyz-Korean business forum on July 17 in Bishkek. Continue reading
ASTANA (TCA) — The National Museum of Kazakhstan has opened the exhibition “Eurasian Utopia: Post Scriptum” at Suwon Ipark Museum of Art in South Korea. The exhibition was organized in collaboration with the museum. More than 100 works of 57 artists of the Soviet period and modern times are presented. The exhibition is the fourth and final in a series of foreign events of the Focus Kazakhstan international project, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Within the investment week in Seoul from April 17-20, with the support of the Embassy of Kazakhstan in South Korea, members of the Kazakhstan delegation led by the Vice Minister for Investments and Development, Arystan Kabikenov, took part in a business summit and forum, and held talks with South Korean businessmen interested in investing in Kazakhstan, Kazakh Invest National Company for Investment Support and Promotion reported. In Seoul, members of the Kazakh delegation took part in the Infrastructure Investor Seoul Summit 2018. During the summit, the main global trends of investment flows were considered and issues of investment in infrastructure, renewable energy sources and other promising sectors were discussed. Also, Kazakhstani representatives made a presentation of the projects of public-private partnership in Kazakhstan at the Global Project 2018 Forum. Vice Minister for Investments and Development of Kazakhstan, Arystan Kabikenov took part in the opening of Korea's largest annual transport and logistics event. In addition, Kabikenov, together with the Minister of Land and Infrastructure, and Transport of Korea, Kim Huyn-mi, and the leaders of the largest transport companies opened an exhibition at the Korea International Exhibition Center (KINTEX). At the exhibition, the thematic pavilions for logistics, warehousing, sorting, etc. were presented. During the KINTEX exhibition, separate meetings were held with representatives of major South Korean companies on the development of cooperation. In particular, the prospects of cooperation in the fields of logistics and transport services were discussed with the head of Pantos company, Yunho Li, and the Minister of Transport, Kim Huyn-mi. During the meeting with SK and Korea Expressway Corporation, Arystan Kabikenov said that the construction of the Big Almaty Ring Road (BAKAD) is one of the most significant infrastructure projects in Kazakhstan. SK President Jason An noted that the launch of this project is the first step in deepening the company's cooperation with Kazakhstan in various areas. Representatives of Korea Expressway Corporation told about innovations in the field of construction and maintenance of highways. The company serves 4,700 km of toll roads in Korea. At the meeting, an agreement was reached to deepen cooperation with Kazakhstan’s road company KazAvtoZhol JSC in the field of road construction and the introduction of new technologies. At a meeting with Hyundai Corporation, the issues of manufacturing equipment for the needs of the agro-industrial complex were considered. "Kazakhstan has a great potential for the production of agricultural machinery and exports to such markets as Russia and the countries of Central Asia," said Greg Nam, vice president of Hyundai Corporation. Within the framework of the Investment Week, Deputy Chairman of the Board of Kazakh Invest, Rustam Issatayev, and Vice President of Korea Trade-Investment Promotion Agency, Won-Sok Yun, signed a memorandum of cooperation.
ASTANA (TCA) — Negotiations have been held between Kazakhstan’s delegation headed by the Vice-Minister for Investments and Development Arystan Kabikenov and the largest South Korean companies on the activation of bilateral economic cooperation in Seoul, the Kazakh Invest national company for investment support and promotion reported on April 17. Continue reading
TASHKENT (TCA) — A business forum of Uzbekistan and South Korea was held in Tashkent on March 7 within the framework of the visit of a delegation led by the Honorary Consul of the Embassy of Uzbekistan in the Republic of Korea, CEO of Evergreen Motors Kim Chang-keon, the Jahon information agency reported. Continue reading
TASHKENT (TCA) — The first Uzbek-Korean meeting on economic cooperation was held in Tashkent on February 13. The Uzbek delegation was headed by Prime Minister Abdulla Aripov. Deputy Prime Minister and Minister of Strategy and Finance Kim Dong Yong headed the Korean delegation, which comprised some 60 representatives of the Ministry of Strategy and Finance, Ministry of Foreign Affairs, and Ministry of Trade, Industry and Energy of South Korea, the Jahon information agency reported. The parties discussed the implementation of projects under the framework agreement between the governments of Uzbekistan and the Republic of Korea in respect of loans of the Fund for economic cooperation and development for 2018-2020. The amount of the program is $500 million. The participants also considered a project to create a children's multidisciplinary medical center and the organization of a modern specialized medical center in Uzbekistan. The parties also discussed the timely implementation of the project to create a textile Technopark in Tashkent, together with the Korean Institute of Advanced Technologies (KIAT), the creation of the Uzbek-Korean business center, and the opening of the House of Korean culture and art in Uzbekistan. Relations between the two countries have risen to a qualitatively new level after the state visit of President of Uzbekistan Shavkat Mirziyoyev to South Korea in November 2017. South Korean companies are taking an active part in development of the economy of Uzbekistan. In recent years, new areas of partnership have been opened, and a number of joint projects are being implemented in the oil and gas industry, energy, education, information technologies, engineering, and chemical industry.
