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Uzbekistan marks independence day in Seoul, citing $8 bil. in Korean investment

Uzbekistan's Ambassador to Korea Alisher Abdusalomov emphasized the importance of further expanding bilateral trade and industrial cooperation between Uzbekistan and Korea at a reception marking the country’s 35th Independence Day and the 34th anniversary of diplomatic relations between the two countries. "President Shavkat Mirziyoyev's state visit to the Republic of Korea in September this year…

Uzbekistan marks independence day in Seoul, citing $8 bil. in Korean investment

At a reception celebrating Uzbekistan's 35th Independence Day and the 34th anniversary of diplomatic relations with Korea, Ambassador Alisher Abdusalomov underscored the significance of bolstering bilateral trade and industrial cooperation between the two nations. President Shavkat Mirziyoyev's recent state visit to South Korea marked a crucial turning point in the development of the Special Strategic Partnership between Uzbekistan and Korea, Abdusalomov remarked on Wednesday.

The inaugural Korea-Central Asia Summit had outlined a comprehensive long-term vision for cooperation across multiple sectors.

Abdusalomov pointed out that Korean investment in Uzbekistan had surpassed 11 trillion won, equivalent to $8 billion, with more than 700 Korean firms currently operating within the country. He expressed optimism regarding the active involvement of Korean enterprises in the New Tashkent project. Moreover, the ambassador emphasized the importance of fostering people-to-people ties, noting that approximately 107,000 Uzbek citizens currently reside in South Korea.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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