Presidents of Uzbekistan and South Korea discuss strengthening trade-economic relations, supporting business initiatives

POLITICS 17:13 / 06.10.2020 421

According to the presidential press service, Mirziyoyev started the conversation by cordially congratulating – on behalf of the multiethnic people of Uzbekistan and his own behalf – President Moon Jae-In and the friendly Korean people on the National Foundation Day and the traditional holiday of Chuseok, expressing warm wishes of peace, wellbeing and prosperity.

The parties examined in detail the current state of bilateral relations and prospects for their further development. They emphasized the importance of continuing active interaction and regular productive dialogue at different levels in order to minimize the consequences of the pandemic and its impact on bilateral cooperation.

Shavkat Mirziyoyev sincerely thanked Moon Jae-In for the practical assistance provided by South Korea in organizing an effective fight against COVID-19, in introducing advanced experience in the prevention and treatment of this disease.

The sides agreed to keep the collaboration between the ministries of health and other interested agencies on issues of treatment methods and access to vaccines.

Special significance was attached to the development of the agenda for upcoming summit meetings.

In particular, the parties considered trade, economic and investment cooperation issues, creating favorable conditions for the growth of trade turnover and strengthening cooperation, including expanding the necessary legal framework and promoting business initiatives.

Shavkat Mirziyoyev and Moon Jae-In urged the governments of the two countries were instructed to continue to fully support 65 joint projects of investment, financial-technical and humanitarian cooperation, primarily socially significant programs in health and education through Korea International Cooperation Agency and Economic Development and Cooperation Fund.

As noted, coordinated measures will be taken to upsurge the current $4-billion portfolio of promising projects with the participation of leading companies and banking-financial institutions of Uzbekistan and South Korea.

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