Tashkent, Uzbekistan (UzDaily.com) -- Uzbekinvest and K-SURE signed a cooperation agreement on 19 April within the framework of the state visit of the President of the Republic of Korea to Uzbekistan.

The President of the Korean Trade Insurance Corporation K-SURE Mr. Li Ying-Ho arrived in Tashkent as part of the Korean delegation.

On 19 April, a meeting was held between the heads of Uzbekinvest and K-SURE. During the meeting, negotiations were held and issues on promising areas of cooperation between the Export Credit Agencies of the two countries were discussed.

K-Sure and Uzbekinvest are members of the Berne Union - International Union of Export Credit and Investment Insurers.

According to the results of the negotiations, a cooperation agreement was signed between the National Export-Import Insurance Company Uzbekinvest and the Korean trade insurance corporation K-SURE.

This agreement opens up broad opportunities for cooperation in providing insurance protection to exporters of the two countries, including when exporting products to third countries, in the field of insurance of investment projects in Uzbekistan, as well as in insurance and reinsurance of export credits and other issues of mutually beneficial bilateral cooperation.