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Uzbekistan 20/09/2023 Chairperson of the Senate in Seoul discusses prospects for cooperation with the Prime Minister of the Republic of Korea
Chairperson of the Senate in Seoul discusses prospects for cooperation with the Prime Minister of the Republic of Korea

Tashkent, Uzbekistan (UzDaily.com) -- As previously reported, currently a delegation led by the Chairperson of the Senate of the Oliy Majlis Tanzila Narbaeva is on a working visit to South Korea. On the next day of the visit, Tanzila Narbaeva held a meeting with the Prime Minister of the Republic of Korea Han Duck-soo.

During the dialogue, a wide range of cooperation between Uzbekistan and the Republic of Korea was discussed, in particular the current state and prospects of relations in the trade, economic, investment and social spheres.

Currently, promising projects are being implemented jointly with South Korea in the field of green energy, digital technologies, mechanical engineering, chemical industry, electrical engineering and textile industry, infrastructure development, urban planning and many other areas.

The volume of investments from Korea to Uzbekistan has exceeded US$7 billion, and approximately thousands of joint ventures operate in our country.

It was especially emphasized that as a result of effective cooperation with the Korea International Cooperation Agency, the Exim Bank of Korea and its funds, the total portfolio of projects implemented with them amounted to over US$3 billion.

During the conversation, the need was noted to accelerate the implementation, together with the Economic Development Cooperation Fund (EDCF), of projects to organize a medical and pharmaceutical cluster, and create an Uzbek-Korean cluster for the production of electronics and semiconductors.

The Prime Minister of the Republic of Korea emphasized that he stands for the active development of new constructive proposals to deepen bilateral cooperation in all current areas of the agenda.

As a result of the meeting, an agreement was reached on further filling the expanding bilateral dialogue with practical content.

 

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