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Uzbekistan, South Korea mull joint projects

01 February 2017 [10:23] - TODAY.AZ

By  Trend


Uzbek President Shavkat Mirziyoyev and South Korean acting President Hwang Kyo-ahn exchanged congratulatory messages in connection with the 25th anniversary of the establishment of bilateral diplomatic relations, the Uzbek Foreign Ministry said.

President Mirziyoyev and President Kyo-ahn confirmed the commitment to the principles of trust.

"Uzbekistan aims at further strengthening of the trade, economic, financial, investment and technological cooperation with the Republic of Korea,” President Mirziyoyev said.

“The large-scale joint high-tech investment projects in energy, chemical industry, textile industry, automotive industry, infrastructure, transport, e-government and telecommunications testify to the well-developed relations between Uzbekistan and South Korea,” President Mirziyoyev added.

President Mirziyoyev said that South Korea has become one of the most reliable partners of Uzbekistan.

"Uzbekistan supports a peaceful and balanced foreign policy of the Republic of Korea, its efforts to ensure peace and security on the Korean Peninsula," the message said.

President Kyo-ahn said that the successful implementation of the construction project of the Ustyurt Gas Chemical Complex on the base of Surgil gas field in Uzbekistan can be cited as an example of fruitful cooperation.

"I hope that other ongoing joint projects in the petrochemical industry, as well as new projects in the future, will become another example of effective cooperation between the two countries," President Kyo-ahn said.

South Korea invested more than $7 billion in the Uzbek economy.

Currently, around 450 enterprises established with the participation of South Korean investors successfully operate in Uzbekistan.

More than 70 South Korean companies opened the representative offices in Uzbekistan.

URL: http://www.today.az/news/regions/158196.html

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