The Chairman of the Senate in Seoul and the Prime Minister of the Republic of Korea discussed prospects for cooperation

    International cooperation 21 September 2023 1686

    As previously reported, a delegation headed by the Chairman of the Senate of the Oliy Majlis is currently on a working visit to South Korea. On the next day of the visit, Tanzila Narbayeva held a meeting with the Prime Minister of the Republic of Korea, Han Dok-soo.

    During the dialogue, a wide range of cooperation between Uzbekistan and the Republic of Korea was discussed, in particular the current state and prospects of relations in the trade, economic, investment and social spheres.

    Currently, promising projects are being implemented jointly with South Korea in the field of "green" energy, digital technologies, mechanical engineering, chemical industry, electrical engineering and textile industry, infrastructure development, urban planning and many other areas.

    The volume of investments from Korea to Uzbekistan exceeded $ 7 billion, approximately thousands of joint ventures operate in our country.

    It was emphasized that as a result of effective cooperation with the Korean International Cooperation Agency, the Korean Eximbank and its funds, the total portfolio of projects implemented with them amounted to over $ 3 billion.

    During the conversation, the need to accelerate the implementation of projects jointly with the Foundation for Cooperation in the Field of Economic Development (EDCF) on the organization of a medical and pharmaceutical cluster, the creation of an Uzbek-Korean cluster for the production of electronics and semiconductors was noted.

    The Prime Minister of the Republic of Korea stressed that he supports the active development of new constructive proposals to deepen bilateral cooperation in all relevant areas of the agenda.

    Following the meeting, an agreement was reached on further filling the expanding bilateral dialogue with practical content.