BAKU, Azerbaijan, September 15. More
than 300 representatives of government bodies and the business
community from Uzbekistan and South Korea took part in a joint
business forum in Seoul, opened by Uzbek President Shavkat
Mirziyoyev and South Korean Prime Minister Kim Min-seok.
According to the press service of Uzbek president, the
participants included heads of leading financial institutions,
major industrial enterprises and trading companies from both
countries. South Korean business was represented by companies
including Lotte Chemical, Hyundai Motor Group, Samsung C&T, CJ
Group, Shinhan Financial Group, Hyundai Rotem, KIND, BOMI, Kia
Corporation, Sampyo Group and Hansae Mobility, among others.
In his remarks, Mirziyoyev said Korea "is a
time-tested friend and a special strategic partner of Uzbekistan",
describing trade, economic and investment cooperation as one of the
key directions of multifaceted Uzbek-Korean relations. He noted the
successful work and significant contribution of leading Korean
companies to the development of Uzbekistan's economy.
The Uzbek leader said the country is entering a new
stage of industrial and technological development, opening broad
prospects for expanding mutual trade, investment cooperation and
the implementation of new joint projects. He proposed combining
Uzbekistan's resource base with Korea's advanced technologies and
the investment capital of companies from both countries to create
new points of economic growth.
Mirziyoyev outlined key areas for further economic
partnership, including industrial cooperation and the formation of
full-fledged production chains, energy and the green economy,
transport and modern infrastructure, digitalization and artificial
intelligence, semiconductors and microelectronics, biotechnology
and pharmaceuticals, joint research, the adoption of advanced
technologies, and workforce training.
Korean companies were invited to take part in projects
covering copper processing, the production of electrical equipment,
the localization of components for the automotive and electric
vehicle industries, robotics and automation, biotechnology and
pharmaceuticals, hydropower, energy storage systems, the
modernization of power grids, and the development of transport and
urban infrastructure.
As a practical mechanism for deepening industrial and
technological cooperation, Mirziyoyev proposed establishing an
Uzbek-Korean Industrial and Technological Alliance. He reaffirmed
his readiness to continue creating favorable conditions for Korean
business in Uzbekistan and to provide practical support for the
implementation of joint projects.
