Tashkent to host “Republic of Korea – Central Asia” Forum
Uzbekistan, Tashkent, Nov. 14 / Trend , D.Azizov /
The fifth session of Cooperation Forum "Republic of Korea - Central Asia" will be held in Tashkent on Nov.15, 2011, the Uzbek Foreign Ministry reported.
Delegates from South Korea, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan will exchange opinion on development of cooperation within two days. The delegations will include representatives of foreign affairs and trade agencies, business and education.
It is planned to hold the fourth investment forum and the first session of heads of hydrometeorology services of the member states in the framework of the event.
The forum operates from November 2007 and aims to strengthen and expand cooperation with South Korea and the countries of Central Asian region in the sphere of economy, culture, education, tourism, information and communication technologies, construction and transport.
The previous meeting was held in 2010 in Seoul.
South Korea is one of the largest investment partners of Uzbekistan. Korean investments in the country's economy exceed $5 billion in the coming years. More than $2 billion of this amount has been mastered up to now.
The two countries established the regime of great favor. As of 2010, bilateral trade increased by 31.5 percent and totaled more than $1.6 billion. Over 360 companies with Korean capital operate in Uzbekistan.