As the press service of the head of state reported, the event was attended by the Minister of Trade, Industry and Energy of the Republic of Korea Moon Seung Wook, Chairman of the Korea International Trade Association Christopher Ku, heads of the Eximbank of Korea, the Korea International Cooperation Agency (KOICA), SK Ecoplant, Posco, Samsung , SK Nexilis, Youngone, KIA Motors, K-water, KT-Net and many others.
“The started transformations in our country are irreversible. The development strategy of New Uzbekistan provides for the continuation of work to create the most favorable conditions for entrepreneurs, expand the presence of foreign business in our country. We appreciate and value stable, trusting and dynamically developing cooperation with the Republic of Korea, a reliable friend and special strategic partner of Uzbekistan,” Shavkat Mirziyoyev said.
It is reported that trade between the countries has doubled and amounted to $2.2 billion. The volume of accumulated direct Korean investments in the economy of Uzbekistan exceeded $7 billion. Over the past five years, the number of enterprises with Korean capital in our country has doubled. Today there are more than a thousand of them. Together with Korean companies, 52 investment projects are being implemented in Uzbekistan for a total amount of more than $9 billion.
The head of state called on Korean companies to develop new breakthrough, truly large-scale joint initiatives. It is noted that representatives of the business circles of South Korea highly appreciated the conditions created in Uzbekistan for active business and expressed great interest in the development of investment cooperation.
