Republic of Korea - time-tested strategic partner of Uzbekistan - Islam Karimov

Republic of Korea - time-tested strategic partner of Uzbekistan - Islam Karimov

Uzbekistan, Tashkent, Jan. 11 /Trend D. Azizov /

South Korea has always been time-tested and reliable in all respects strategic partner for Uzbekistan, which has consistently supported the implementation of large-scale national programs of fundamental reform and the profound modernization of economy and social sphere of the country.

This was stated by Uzbekistan President Islam Karimov at the meeting with the Speaker of the National Assembly of the Republic of Korea Park Hee-tae, who is on a visit to Tashkent, the National News Agency of Uzbekistan (UzA) reported.

During the meeting, there was a thorough and frank exchange of views on promising directions of Uzbek-South Korean relations, UzA reported.

Park Hee-tae congratulated the Head of Uzbekistan with the 20th anniversary of establishing diplomatic relations between states which is celebrated on January 29.

He noted that the leadership of Korea and the National Assembly appreciate the existing constructive and fruitful bilateral relations, paying special attention to further deepen and expansion of bilateral ties.

To date, Uzbekistan and South Korea have accumulated vast experience of cooperation in political, economic, trade and investment, cultural and humanitarian fields, which serves as a solid foundation for implementing long-term mutually beneficial projects. There is a solid and comprehensive legal basis.

State visit of President Lee Myung-Bak to Uzbekistan in August 2011 was the logical continuation of the practice of regular meetings at the highest level and has demonstrated the mutual strong political will to further reinforce the dynamism of the bilateral cooperation. During the visit, the two leaders have launched an unprecedented scale and attracted new technologies, construction project Ustyurt Gas Chemical Complex at Surgil deposit worth $ 2.6 billion.

The sides noted the steadily expanding trade, economic and investment cooperation. During the first 11 months of last year the bilateral trade exceeded $ 1.5 billion. The total amount of alleged South Korean investment in Uzbekistan's economy has exceeded five billion dollars, and the amount of already mastered - two billion dollars. In Uzbekistan there are more than 350 companies with the South Korean capital.

Activities of "Korean Air" company, that managing transcontinental intermodal hub on the basis of Navoi International Airport, where up to 24 weekly flights to the major regional economic and financial centers of Asia and Europe is commendable. The representatives of South Korean businesses are actively involved in the development of free industrial economic zone "Navoi", realizing a number of mutually beneficial projects.

Cooperation with the Land of Morning Calm is actively developing in the cultural sphere. In particular, through the programs of the Korean International Cooperation Agency in Korea about 1.5 thousand representatives of ministries and departments of Uzbekistan have been trained.

Turkish cement in great demand in Turkmenistan’s construction markets
Turkish cement in great demand in Turkmenistan’s construction markets
Turkmenistan working to improve transport, customs systems
Turkmenistan working to improve transport, customs systems
Number of gas consumers increased in Turkmenistan’s Lebap region
Number of gas consumers increased in Turkmenistan’s Lebap region
Loading Bars
Latest
Net profit of Georgian insurance companies increases
Azerbaijan preparing proposals to develop hazelnut growth
Central Bank of Azerbaijan announces slow post-COVID economic recovery
Azerbaijan’s mining, IT companies sign tender contract
Georgian finance minister elected chairman of ADB board of governors
Baku Stock Exchange includes AzerGold's bonds in listing
Baku holds video conference entitled "Heritage of Caucasian Albania" (VIDEO)
Clients of Azerbaijan's bankrupt Standard Insurance receive compensations
Georgia continues projects of Winter resort in Gudauri
Turkish cement in great demand in Turkmenistan’s construction markets
Azerbaijani MP: Armenia's draft law on so-called "genocide" aims to deceive world community
Azerbaijani oil prices continue to grow
ENKA Renewables: Namakhvani HPP Cascade project to have substantial impact on property tax
BMB Trade Group develops project for livestock complex in Uzbekistan
U.S. current account deficit surges 52.9% in second quarter
Companies reserving capacity in IGB disclosed
Gold, silver prices in Azerbaijan rebound
Requirements to oil&gas service companies to be revised in Kazakhstan
Turkmenistan working to improve transport, customs systems
Firefighter dies in California wildfire - U.S. Forest Service
IGB to start commercial operations by July 2021
Germany to send observers for Georgia’s parliamentary elections
Iran expected to launch neobanks by 2021
S.Korean, Azerbaijani officials discuss healthcare co-op
Number of gas consumers increased in Turkmenistan’s Lebap region
Rami Levy said mulling withdrawal from Delek Israel deal
Azerbaijani economy ministry: Digitalization - important component of economic dev't
Azerbaijan confirms 135 more COVID-19 recoveries
Baku International Energy Charter Forum to be held online
Azerbaijan's oil pumping through BTC pipeline shrinks
International tourism restrictions to be canceled in Uzbekistan
Azerbaijani president congratulates president of Nepal
Sulfur production increases in Kazakhstan in Aug, 2020
Russia to invest in modernization of power generation field of Uzbekistan
Kazakhstan, Turkmenistan in talks on gas exports
Minister: Georgia moving towards period of adaptation
Average daily volume of gas production at Turkmenistan’s Uchaji field revealed
Azerbaijan Deposit Insurance Fund continues compensating depositors of closed banks
Azerbaijan raises propylene production
Georgia sees increase in hazelnuts exports
Pumps producer terminates memorandum with Kazakhstan's largest oil pipeline company
Kazakh coal extracting venture opens tender to buy vehicles
Iran's industrial production increases
French imports of leather goods from Turkey down
Georgia imports more steel from Turkey
Volume of delivered oil at Turkmenbashi Oil Refinery published
Azerbaijan unveils timeframe for commissioning road to highest mountainous village
Central Bank of Azerbaijan lowers interest rate
Azerbaijani ambassador talks Armenia's military provocation against Azerbaijan in popular US radio show
Iran and Pakistan discuss trade between border provinces
PETRONAS's upstream volumes to fall by about 4%
Ryanair cuts October capacity, blames travel restrictions
BMB Trade Group eyes to expand export products of Uzbekistan
“My Bakcell” – the ultimate solution for managing your account
EBRD to back up solar plant construction in Kazakhstan’s Karaganda
Kazakh Ministry of Ecology talks restrictions in industry sector
Georgia reveals volume of exported peaches and nectarines
Minister: Issue of Armenians destroying Azerbaijani historical monuments always on agenda
Georgia’s foreign debt increases
Turkmenistan, Kazakhstan interested in joint gas chemical projects
Kazakhstan's petroleum products export to Russia down twofold
Turkmenbashi sea port opens tender for repair of harbor crane
First Vice-President Mehriban Aliyeva makes Instagram post on National Music Day (PHOTO)
Italy to assist in attracting EU companies for cooperation with Azerbaijan
US plans to sign 5G security memorandum with Georgia
Uzbekistan achieves chemical enterprises development despite COVID-19
Nagif Hamzayev: The spectator approach to the process exacerbates the situation
Jordan to jail organisers of large social events to stem COVID-19 spike
PMCG reveals August dynamics of hotel prices in Georgian regions
Azerbaijan expanding use of modern irrigation systems
SOCAR starts repair of submersible electric motors
Russia records 5,905 new daily coronavirus cases
Apple to launch first online store in India next week
Israel imposes second coronavirus lockdown during high holidays
Ambassador: Italian companies interested in Azerbaijan
Gazprombank: Azerbaijani economy to rebound by year-end
Uzbekistan resumes international transport communication
Impetus to be given to cargo traffic through ports of Kazakhstan, Turkmenistan
Real Gross Domestic Product declines in Georgia
EU: Cooperation with Azerbaijan on oil, gas supply continues despite COVID-19 pandemic
SOCAR Turkey’s Kayserigaz expanding to new areas
Uzbek confectionery to be exported to China
Kazakhstan developing mineral resources data system
Letter of Azerbaijan's FM on Armenia's illegal activities in occupied Azerbaijani lands published as UN document
Timeline for commissioning railway to Azerbaijan's Gabala revealed
COVID-19 cases exceed 3,000 in Georgia
UK retail recovery continues apace in August
Ericsson to acquire Cradlepoint in $1.1 billion deal
Kazakhstan's revenue from transporting cargo via internal water surges
Azerbaijan's State Customs Committee, World Bank to implement joint projects
Georgian APM Terminals Poti handles out of gauge cargo with mobile harbor cranes
GIE highlights Southern Gas Corridor’s role in ensuring South-East Europe’s energy security
Turkmenistan, Saudi Arabia to increase partnership in oil, gas sector
Number of coronavirus cases in Uzbekistan approaches 50,000
New textile shops opened in Turkmenistan
Azerbaijani currency rates for Sept. 18
Emirates sets up Kosher Arabia for airline food
Number of Turkish migrant workers in Israel rises
European gas infrastructure to help deliver Green Deal objectives
Kazakh demand for real estate in Turkey grows
All news