Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov met with Deputy Prime Minister – Minister of Economy and Finance of the Republic of Korea Hong Nam-ki in Seoul.
The sides discussed an extensive agenda of multifaceted Uzbek-Korean cooperation as well as the results achieved in promoting investment, trade, economic, cultural and humanitarian partnership between the two countries.
Mutual willingness was expressed to intensify work on reviewing and agreeing on a number of new investment projects in the fields of energy, geology, electrical engineering, pharmaceuticals and healthcare, which are currently under study.
Further steps in cooperation with the Economic Development Promotion Facility (EDPF) were outlined, with a view to working together on new projects in the fields of nuclear medicine, biopharmaceuticals, electronics and infrastructure development. It was agreed that the parties will take practical measures to accelerate the execution of projects implemented jointly with the Economic Development and Cooperation Fund EDCF under the new Cooperation Program for 2021-2023.