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28 November 2017 | Source: Uzbekistan national news agency (UzA) 1825

Historical visit that determined new prospects of mutually beneficial cooperation
As previously reported, on November 22-24, the President of the Republic of Uzbekistan Shavkat Mirziyoyev paid a state visit to the Republic of Korea at the invitation of President Moon Jae-in.

The state visit of the President of our country Shavkat Mirziyoyev to the Republic of Korea was comprehensively fruitful. Issues of financing large investment projects, further intensification of cooperation in the spheres of economy, energy, finance, investments, high technologies, increasing the trade turnover, expansion of humanitarian ties, strengthening cooperation between ministries and departments were discussed at the negotiations.

In recent years, cooperation between Uzbekistan and South Korea has acquired a large scale. During the state visit of the President of Uzbekistan to this country, agreements were reached on further cooperation in the fuel and energy, chemical, transport and transport-communications sectors, in mining, light and food, automotive industries, in the spheres of agriculture, trade, logistics, information technologies and telecommunications, medicine, tourism, science, education and culture.

Within the framework of the visit, over 60 documents worth more than 10 billion dollars were signed in trade-economic, investment, financial, technical and other spheres. Of these, 4,5 billion dollars are direct investment.

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