BAKU, Azerbaijan, June 29. Uzbekistan's
Minister of Investment, Industry and Trade visited South Korea to
hold high-level talks aimed at expanding bilateral investment and
economic cooperation.
This was reflected in the statement published by the Ministry of
Investment, Industry and Trade of Uzbekistan following the visit of
Uzbekistan's Minister of Investment, Industry and Trade, Laziz
Kudratov to South Korea from June 24 to 26 as part of a broader
Asian tour following stops in Qatar and Japan.
During the visit to Seoul, Kudratov met with South Korea's
Deputy Prime Minister and Minister of Economy and Finance, Koo
Yun-cheol, to discuss ways to diversify economic ties and launch
new large-scale joint initiatives. The two sides agreed on a
roadmap for strengthening cooperation across key sectors.
Kudratov also held meetings with Korea International Cooperation
Agency (KOICA) President Jang Won-sam and Export-Import Bank of
Korea (KEXIM) President Hwang Ki-yeon. The discussions focused on
project co-financing mechanisms, expanding interbank cooperation
and increasing grant support for socially significant development
programs.
The Uzbek delegation also held a series of meetings with
executives from leading South Korean companies, resulting in
agreements to pursue joint investment projects across a broad range
of industries.
The planned areas of cooperation include infrastructure
development, tourism and hospitality, construction materials,
retail, food processing, metallurgy, energy, oil and gas,
chemicals, cable manufacturing, transport engineering, civil
construction, financial services and robotics technologies.
According to Uzbekistan's Ministry of Investment, Industry and
Trade, the visit marked a new stage in strengthening the strategic
investment partnership between Uzbekistan and South Korea and is
expected to generate new opportunities for bilateral trade,
industrial cooperation and technology transfer.
