Economy

South Korea has potential to overcome crisis soon - Uzbek leader

South Korea has potential to overcome crisis soon - Uzbek leader
Uzbek President Islam Karimov and South Korean President Lee Myung-bak
Tashkent, Uzbekistan (UzDaily.uz) -- Uzbek President Islam Karimov has said that South Korea has potential to overcome the financial crisis soon. He was speaking on 11 May in Tashkent after holding talks with South Korean President Lee Myung-bak, who is on an official visit in Uzbekistan.

In his remarks broadcast by the Uzbek radio first channel the same day, Karimov said that South Korea had potential to overcome the consequences of the global financial and economic crisis.

The Uzbek leader said that he was an economist by profession and suggested that South Korea would come out of the crisis strong and confident. "The Republic of Korea has the potential, as well as the level and model of development, which allows it to look ahead confidently. And I am sure that the Republic of Korea will overcome the crisis in near future strong and confident about future," Karimov said.

He also praised South Korea’s achievements as well as ethnic Koreans living in Uzbekistan, describing them as "hardworking" people and his "brothers".

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.