The South Korean delegation included director of Department on policy of state property management Kim Guem-nam and deputy director of the Department An Tae-Seok.

At the meeting, the sides briefed on systems and mechanisms on management of state property, used in the country, problems and tasks for their improvement.

The Korean side received detailed information on work of the State Property Committee of Uzbekistan, work on instruction of corporate management principles, cooperation with international organizations in improvement experience and knowledge of specialists.

It was noted that the State Property Committee is interested in familiarizing with experience of South Korea and cooperation on this issue with the Department on policy of state property management of the Ministry of Strategy and Finance of South Korea.

Kim Guem-nam expressed readiness to work with the State Property Committee of Uzbekistan and offered to sign memorandum of understanding and cooperation, which would include concrete directions, spheres and forms of interactions.

In this connection, the Korean side offered to exchange information on systems of state property, create working group to hold meetings on determining priority directions of cooperation and concrete spheres of joint work, etc.