BAKU, Azerbaijan, September 17. Kyrgyzstan and
South Korea are working to complete negotiations on an
intergovernmental agreement on social insurance and pension
provision.
According to the press service of the President of Kyrgyzstan,
the issue was discussed during a meeting between President Sadyr
Japarov and Speaker of the National Assembly of the Republic of
Korea Cho Jung-sik in Seoul.
"The President emphasized the need to complete the negotiations
as soon as possible and prepare for the signing of the
intergovernmental Agreement on Social Insurance and Pension
Provision between the Kyrgyz Republic and the Republic of Korea,
which will ensure reliable social protection for workers," the
statement said.
Sadyr Japarov noted that the dynamic growth in the number of
Kyrgyz citizens working in South Korea requires further improvement
of the bilateral legal framework in the field of social
security.
Meanwhile, Kyrgyzstan and South Korea have been expanding
bilateral cooperation in economic, humanitarian and social spheres.
The movement of workers between the two countries has also created
a need for coordination of social security mechanisms, including
pension-related rights and social insurance arrangements.
The completion of the agreement could establish clearer
mechanisms for social insurance and pension rights for citizens
working in the two countries. It could also strengthen the legal
framework governing social protection within the broader
development of Kyrgyzstan–South Korea relations.
