Uzbekistan Shares Volume Of Korean Investments In 2023
Date
6/14/2024 5:18:59 AM
(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, June 14. The volume of
Korean investments in Uzbekistan exceeded $7.5 billion in 2023,
Trend reports.
This was revealed during a meeting in a narrow format between
President of Uzbekistan Shavkat Mirziyoyev and President of South
Korea Yoon Suk Yeol.
During the meeting, the sides focused on issues of further
expansion of practical interaction in political, trade, economic,
technological, and other priority spheres.
The officials reached an agreement to form a new partnership
model for more effective utilization of potential, identification,
and promotion of large high-tech cooperation projects.
Both presidents noted the development of cultural and
humanitarian exchange between the two countries. A total of 4
branches of leading Korean universities are successfully
functioning in Uzbekistan. At the same time, more than 11,000 Uzbek
students are studying in South Korea.
The presidents emphasized the importance of further mutual
support within the framework of international organizations.
The sides also discussed regional cooperation, including in the
Central Asia-Korea format.
Both parties agreed on establishing close contacts in the field
of security and defense, in particular in the fight against
cybercrime, terrorism, and extremism.
Meanwhile, Korea is among Uzbekistan's leading trade and
investment partners. The trade turnover volume between the two
countries reached $2.5 billion last year. In addition, tourist flow
is growing between Uzbekistan and Korea. Thus, Tashkent and Seoul
are connected by 10 flights a week.
MENAFN14062024000187011040ID1108332112
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.