• KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
14 December 2024

Viewing results 1 - 6 of 3

Uzbekistan and Korea Forge New, High-Tech Agenda for Strategic Partnership

On 14 June, South Korean President Yoon Suk Yeol held talks with Uzbekistan President Shavkat Mirziyoyev. During their meeting in Tashkent, it was noted that the Republic of Korea is among Uzbekistan’s leading trade and investment partners. Last year, bilateral trade turnover reached $2.5 billion, and Korean investments in Uzbekistan now exceed $7.5 billion. Negotiations focused on the formation of a new, high-tech agenda for Uzbek-Korean strategic partnership over the next three years. As a result, the two leaders tasked their governments to prepare a Strategic Program for the creation of a regional high-tech hub in Uzbekistan, with priority given to the following “anchor” areas of the Strategy: Partnership on critical mineral resources with deep processing and creation of a complete added value chain. Strategic cooperation in the field of semiconductors, in which the Republic of Korea is recognized as a global leader, and the implementation of plans to create in Uzbekistan’s first fully-fledged research and production cluster of semiconductor products. Full-scale partnership in the chemical industry, including new projects to produce green hydrogen and ammonia, as well as finished rubber products. Deepening cooperation in mechanical engineering. This spring, an assembly line for KIA cars was launched in Uzbekistan’s Jizzakh region, to be followed next year, by a plant with the capacity to manufacture over 60 thousand vehicles per year. Transfer of technologies to develop “smart” agriculture, including via the digitalization of the agricultural sector,  the introduction of “smart” and “green” technologies. Agreements have already been reached on the creation of modern greenhouses and garden complexes in Uzbekistan’s regions based on renewable energy sources. Infrastructure modernization and a program for urban development, based on the high interest of Korean banks and companies in the modernization of transport infrastructure,  and the design and construction of residential and commercial real estate in Uzbekistan on the principles of public-private partnership. With regard to developing potential projects in  green energy and increase energy efficiency, strategic dialogue is to be resumed between energy ministers and a meeting organized in Uzbekistan in the near future.

Outcome of First Turkmenistan- UN Strategic Advisory Council Meeting

On May 3, the Ministry of Foreign Affairs of Turkmenistan hosted the first meeting of the Turkmenistan-UN Strategic Advisory Council. In addition to its approval of a Roadmap for the development of a new Framework Program for Cooperation in the Field of Sustainable Development between Turkmenistan and the UN for 2026-2030, the council discussed projects concerning youth policy, digitalization, demography, green energy, and climate change. Following the meeting, delegates signed official agreements on several projects. The Ministry of Environmental Protection of Turkmenistan and the Food and Agriculture Organization of the United Nations (UN FAO) pledged their commitment to ‘Enhancing capacities for climate-resilient water management’; the Ministry of Agriculture of Turkmenistan and UN FAO, on ‘Developing digital solutions for sustainable pasture management’; and the Ministry of Finance and Economy of Turkmenistan and UN FAO, on ‘Development of the aquafeed value chain and aquatic animal health management capacity’. The Government of Turkmenistan and the UN Development Program also signed an agreement on the procurement of products for the control of infectious diseases in 2024-2025 for the Ministry of Health and Medical Industry of Turkmenistan.    

Central Asian and Gulf Cooperation Council Countries Engage in Strategic Dialogue

The 2nd Ministerial Meeting of Strategic Dialogue ‘Central Asia – Gulf Cooperation Council (GCC)’, hosted by Tashkent on April 15, was attended by top diplomats from Central Asia and six member states of the Gulf Cooperation Council: Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, the Sultanate of Oman, and Bahrain. Aimed at strengthening comprehensive cooperation between Central Asia and Gulf Cooperation Council states, discussions focused on political, security, trade, economic, investment, transport and logistics, environmental protection, green energy, cultural and humanitarian issues. In his address, Alibek Bakayev, Deputy Minister of Foreign Affairs of Kazakhstan, emphasized the importance of strengthening trade relations between the two regions and encouraged the Gulf States to actively participate in the implementation of joint investment projects in both Kazakhstan and other Central Asian countries. In addition, he outlined various initiatives currently in operation in Kazakhstan including expanding the activities of the Islamic Organization for Food Security and exploiting the potential of the International Technopark of IT start-ups, ‘Astana Hub’. Reporting on the outcome of the Ministerial Meeting, Uzbekistan’s First Deputy Foreign Minister Bakhromjon Aloyev stated that participants had unanimously agreed to a further summit of the Central Asia – Gulf Arab States Strategic Dialogue, to be held in Samarkand in 2025. The ‘Central Asia – GCC’ dialogue platform was launched in 2022 and the first Ministerial Meeting took place that September in Riyadh, Saudi Arabia.