The Presidents of Uzbekistan and Korea discussed the preparation of a new economic agenda for strategic partnership

On September 19, on the sidelines of the session of the United Nations General Assembly in New York City, President of the Republic of Uzbekistan Shavkat Mirziyoyev met with President of the Republic of Korea Yun Seok-el.

During the meeting, issues of further strengthening of Uzbek-South Korean relations of special strategic partnership and expansion of multifaceted cooperation were discussed.

The consistent development of bilateral ties, which are based on historical ties of friendship, similar mentality, traditions and values, was noted with satisfaction.

The President of Uzbekistan separately focused on the issues of forming a new economic agenda of strategic partnership with the Republic of Korea.

In recent years, the indicators of mutual trade and investment have been steadily growing. Last year, the trade turnover grew by 24 percent. There are about a thousand joint ventures operating in our country, the volume of Korean investments has exceeded $ 7 billion.

The long-term fruitful partnership with the Korean Agency for International Cooperation, the Eximbank of Korea and its funds, the total portfolio of projects with which amounts to more than $ 3 billion, was highly appreciated.

During the meeting, priority areas of practical cooperation were identified – expansion of technological and investment partnership with leading South Korean companies, acceleration of socially significant programs in the field of education and healthcare, promotion of joint projects in the field of infrastructure and "green" energy, digitalization, personnel training and other areas.

Following the talks, the head of our state invited Korean President Yun Seok-yong to pay a state visit to Uzbekistan.