At the beginning of the meeting, Uzbek President Islam Karimov underlined that the Republic of Korea was and is reliable strategic partner of Uzbekistan, which gradually supports wide-scale national programmes of Uzbekistan on deepening modernization of economy and social sector.

Park Hee-tae congratulated the President of Uzbekistan with the 20th anniversary of establishing diplomatic relations between two states, which is marked on 29 January 2012. He said that leadership of the Republic of Korea and National Assembly highly rate constructive and fruitful inter-governmental relations and pay special attention to deepening and expanding bilateral ties.

During the talks, the sides noted that high level of inter-parliamentary relations play important role in dynamic development of the Uzbek-Korean relations. The National Assembly has Korea-Uzbekistan Friendship Association and Oliy Majlis created group on cooperation of South Korea. The sides regularly exchange visits of parliamentarians, UzA reported.

The sides underlined sustainable trend of expanding of trade-economic and investment cooperation. Bilateral trade turnover exceeded US$1.5 billion in eleven months of 2011. Announced investments of South Korea to Uzbekistan exceed US$5 billion, while used investments – US$2 billion. There are 350 enterprises in Uzbekistan with South Korean capital.

During the meeting at Oqsaroy, the sides exchanged opinion on perspectives directions of the Uzbek-South Korean relations.