Uzbekistan president visits South Korea

President of Uzbekistan Shavkat Mirziyoyev (left) and the President of the Republic of Korea Moon Jae-in in Seoul on November 23 (Uzbek president’s press service)

TASHKENT (TCA) — On November 23, President of Uzbekistan Shavkat Mirziyoyev, who is on a state visit in South Korea, and the President of the Republic of Korea Moon Jae-in signed a Joint Statement on comprehensive deepening of strategic partnership between the two countries, the press service of the Uzbek president said.

The Uzbek-Korean negotiations resulted in the signing of more than 60 documents on economic, trade, and finance cooperation.

Also on November 23, the Uzbek president took part in South Korea–Uzbekistan business forum with participation of heads of economic and financial structures, leading businessmen of the two countries.

President Mirziyoyev delivered a speech at the event. The head of state noted the development of trade and economic relations between the two countries, the conditions and opportunities for doing business in Uzbekistan, the interest of Uzbekistan in cooperation with Korean entrepreneurs.

Representatives of financial and business circles of South Korea highly appreciated the conditions created in Uzbekistan for active business and expressed their readiness to further develop cooperation.

The volume of investments of the Republic of Korea attracted into the economy of Uzbekistan has exceeded 7 billion US dollars. There are 461 enterprises with participation of South Korean capital in Uzbekistan. These enterprises are successfully operating in the oil and gas, petrochemical and chemical, mechanical engineering, electrotechnical and textile industries, spheres of information and communication technologies, transport, logistics and tourism.

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