Home / Diplomatic / Uzbekistan – South Korea: New stage of the strategic partnership

Uzbekistan – South Korea: New stage of the strategic partnership

Uzbekistan – South Korea: New stage of the strategic partnership
As previously reported, on November 22, the President of the Republic of
Uzbekistan Shavkat Mirziyoyev arrived in the Republic of Korea with a state visit at
the invitation of President Moon Jae-in.
The main events of the visit were held on November 23.
President Shavkat Mirziyoyev took part in South Korea – Uzbekistan business
forum with participation of heads of economic and financial structures, leading
businessmen of the two countries.
A welcome message of the President of the Republic of Korea Moon Jae-in
was read at the opening ceremony of the forum with participation of more than 700
people.
The President of our country in his speech noted the dynamic development of
trade-economic relations of the two countries, the conditions and opportunities for
doing business in Uzbekistan, the interest of our country in further development of
cooperation with South Korean entrepreneurs.
The Head of our state proposed to establish a Korean business center in
Uzbekistan.
Representatives of financial and business circles of South Korea highly
appreciated the conditions created in Uzbekistan for active business and expressed
their readiness to further develop trade-economic cooperation.
Presentation of the book “President of the Republic of Uzbekistan Shavkat
Mirziyoyev” in the Korean language, published in circulation of 50 thousand copies
and dedicated to the first anniversary of activity of Shavkat Mirziyoyev as President
of Uzbekistan, was also held here.
The President of our country visited the National Memorial Complex, where
almost 170 thousand people who sacrificed their lives for the independence of the
Republic of Korea are buried, paid tribute to the memory of the fallen and laid a
wreath at the Memorial column.
The official meeting of the President of the Republic of Uzbekistan was held at
the residence of the President of the Republic of Korea, Cheong Wa Dae (Blue
House). A guard of honor was lined up in honor of the honored guest. National
anthems of the two countries have sounded. The Presidents passed the guard of
honor.
During the negotiations in a narrow format, Shavkat Mirziyoyev and Moon
Jae-in exchanged views on priority areas of further development of bilateral
cooperation for the long term, as well as current regional and international issues of
mutual interest.
People of Uzbekistan and South Korea are bound by a long-term friendship,
they have similar culture and mentality. Koreans, who by the will of fate found

themselves in Uzbekistan, have become full and active members of our society. Our
compatriots of Korean nationality sit in the Legislative Chamber and the Senate of
the Oliy Majlis of the Republic of Uzbekistan, local Kengashes of people’s deputies,
work in the state governing bodies, in all branches of socio-economic life.
The large Korean diaspora plays an important role in supporting friendly
relations between our states and further rapprochement of our people. This diaspora is
the largest in the CIS (more than 180 thousand people), by number is on the fourth
place in the world. This year, our country widely celebrated the 80th anniversary of
the ethnic Koreans living in Uzbekistan.
Relations between the Republic of Uzbekistan and the Republic of Korea are
consistently developing on the basis of the Joint Declaration on strategic partnership
signed in 2006, the Joint Declaration on further development and deepening of the
strategic partnership adopted in 2014. These relations contribute to raising bilateral
relations in political, trade-economic, investment, cultural-humanitarian spheres to a
qualitatively new level.
Shavkat Mirziyoyev expressed gratitude for the warm welcome and noted that
friendly relations between our people are consistently strengthening.
The Republic of Korea and the Republic of Uzbekistan are strategic partners.
South Korea is well known throughout the world as a highly developed state with
high economic, scientific-technical, innovative and intellectual potential. We highly
value our cooperation based on openness, mutual understanding and respect for
interests, said the Head of our state.
Moon Jae-in warmly welcomed Shavkat Mirziyoyev, who arrived with a state
visit, and expressed readiness to continue and further develop traditional contacts at
the highest level.
We are glad that Uzbekistan is one of our leading partners, and our relations in
various spheres are consistently developing. South Korea now seeks to pursue new
policy that aims to promote peace and prosperity in Eurasia. At the center of this
plan, there is Uzbekistan, which is a key nation in Central Asia, noted the President
of the Republic of Korea.
Since the establishment of diplomatic relations between our countries, 14
meetings have been held at the level of heads of states. In recent years, these contacts
have become even more active, which finds its expression in the most important
sectors of the economy and humanitarian sphere.
Political relations between the Republic of Uzbekistan and the Republic of
Korea are developing in the spirit of mutual support in the international arena. The
positions of the sides on issues of global and regional importance are similar or close.
Presidents continued the dialogue at the meeting with participation of official
delegations of the two countries. The sides discussed issues of expanding cooperation
in trade-economic, investment and cultural-humanitarian spheres.
Today, close contacts between governments, ministries, departments, financial,
banking institutions and business structures of our countries are constantly
strengthening. Inter-parliamentary relations are developing, consultations between the
ministries of foreign affairs are regularly held.
The Republic of Korea is one of the leading trade, economic and investment
partners of Uzbekistan in the Asia-Pacific region. Following the results of 2016, the

trade turnover between our countries exceeded one billion US dollars. The share of
Uzbekistan in South Korea’s trade with the countries of Central Asia is almost 50
percent.
During the high-level meeting, it was noted that the existing potential and
opportunities for the development of mutually beneficial cooperation are not fully
used, in the coming years new steps will be taken for further improvement of
indicators in this area.
Shavkat Mirziyoyev noted that the successive reforms that are being
implemented in Uzbekistan are based on the noble idea, according to which people
must not serve the Government bodies, rather the Government bodies must serve the
people, drawing attention to the fact that it is consonant with the main idea in South
Korea – people are true owners of the state.
The President of the Republic of Korea noted that Uzbekistan pursues a wise
people-oriented policy, their interests, which serves as an important factor in the
dynamic development of the country.
Cooperation between the Republic of Uzbekistan and the Republic of Korea
has acquired a wide scale. The volume of investments of South Korea attracted into
the economy of Uzbekistan exceeded 7 billion US dollars. There are 461 enterprises
with participation of South Korean capital in our country, including 386 joint
ventures and 75 enterprises with 100% South Korean capital. These enterprises are
successfully operating in the oil and gas, petrochemical and chemical, mechanical
engineering, electrotechnical and textile industries, spheres of information and
communication technologies, transport, logistics and tourism.
Relations in the energy sphere are developing dynamically. In 2016, the
Ustyurt Gas Chemical Complex was built in cooperation with South Korea. 4 billion
dollars were invested in this large project, which is a vivid example of trade,
economic and investment partnership of our countries.
There are highly developed and investment-attractive free economic zones in
South Korea. This country is helping in organization and development of such zones
in Uzbekistan. There are 20 enterprises with participation of South Korea, China,
Italy, Singapore, India, the UAE and other countries in the FEZ “Navoi”. In addition,
Korean Air has been carrying out cargo transportation through the Navoi airport since
2008, introducing advanced technologies and effective control systems in this air
harbor.
In May this year, a plant on production of cosmetic products was launched in
the FEZ “Navoi” jointly with “CNP Dream” company, which is currently exported to
the countries of Central Asia.
Extensive cooperation has been established in order to use best practices of
South Korea in city management, development of the transport system, housing and
communal services based on widespread use of modern technologies.
The delegation led by the Minister of Land, Infrastructure and Transport of
South Korea Kim Hyun-mee, consisting of representatives of such large companies
as “Korea Eximbank”, “Korea Expressway”, “Hyundai Engineering Co., Ltd.”,
“POSCO Engineering and Construction”, “HSnK Architects Group”, visited our
country on October 24 of this year for becoming acquainted with the project of the
international business center “Tashkent City”. Investors, having given priority to

modern technologies and construction of “smart cities”, noted the favorable
conditions created in our country for doing business, especially the measures taken on
liberalization of foreign exchange policy.
Korea International Cooperation Agency and Export-Import Bank of Korea are
implementing a number of projects, such large corporations as “Samsung” and “LG”
are creating joint ventures in our country. In particular, “Samsung” has established
the production of household appliances in cooperation with “Artel” company.
Cultural and humanitarian relations further strengthen the cooperation between
our countries. Days of culture of the Republic of Korea were held in Uzbekistan.
Relations are developing dynamically in the sphere of education. The
universities of our country are cooperating with more than 30 scientific research
institutions of South Korea. Centers of Korean language and culture are opened in a
number of educational institutions. In 2014, Inha University was opened in Tashkent,
which raised cooperation in this direction to a new level. This higher educational
institution is the first foreign university that prepares highly qualified IT specialists at
the level of international standards. Today, more than thousand students are studying
at the university on information technologies, engineering and logistics.
During the negotiations, the sides expressed their readiness to consistently
continue the dialogue at the highest level, to further intensify cooperation in such
spheres as economy, energy, finance, investment, high technologies, increase the
volume of mutual trade, expand humanitarian ties.
Following the negotiations, the President of the Republic of Uzbekistan
Shavkat Mirziyoyev and the President of the Republic of Korea Moon Jae-in signed
the Joint Statement on comprehensive deepening of relations of the strategic
partnership.
More than 60 documents, such as the Memorandum of Cooperation between
the Ministry of Employment and Labor Relations of the Republic of Uzbekistan and
the Ministry of Personnel Management of the Republic of Korea, the Memorandum
of Cooperation between the ministries of justice of the two countries, the Agreement
of cooperation on implementation of the National electronic commerce platform in
Uzbekistan between the Ministry for Foreign Trade of the Republic of Uzbekistan
and the Ministry of Trade, Industry and Energy of the Republic of Korea, the
Intergovernmental Memorandum of Cooperation on accession of Uzbekistan to the
World Trade Organization, the Cooperation Program for 2018-2020 between the
ministries of foreign affairs of the two countries, the Memorandum of Understanding
on the Knowledge sharing Program between the Ministry of Economy of the
Republic of Uzbekistan and the Ministry of Strategy and Finance of the Republic of
Korea, the Intergovernmental Framework Agreement on loans of the Economic
Development Co-operation Fund for 2018-2020 and the Agreement on financial
cooperation between the Fund for Reconstruction and Development of Uzbekistan
and the Export-Import Bank of Korea, were signed.
The state visit of the President of the Republic of Uzbekistan to the Republic of
Korea continues.

Shavkat Mirziyoyev met with Ban Ki-moon

On November 24, President of the Republic of Uzbekistan Shavkat Mirziyoyev
received the former Secretary-General of the United Nations Ban Ki-moon, in Seoul.
At the meeting, held in the spirit of a sincere and open exchange of views, the
Head of our state recalled fruitful joint projects between Uzbekistan and the UN that
were implemented during the period of activity of Ban Ki-moon as Secretary-General
of the United Nations.
Ban Ki-moon highly appreciated the state visit of the President of our country
Shavkat Mirziyoyev to the Republic of Korea and noted that this will become an
important step towards further development of cooperation of the two countries based
on traditional friendship and mutual trust.
The relevance of the issues raised at the international conference on “Central
Asia: one past and a common future, cooperation for sustainable development and
mutual prosperity” held in Tashkent on November 10 this year, the importance of
initiatives of Uzbekistan for transforming the Central Asia into a stable, economically
developed and prosperous region were noted.
Ban Ki-moon expressed gratitude to Shavkat Mirziyoyev for his contribution
to strengthening Uzbekistan – South Korea relations.
President of Uzbekistan visited the National Assembly of the Republic of Korea
President Shavkat Mirziyoyev met with the Speaker of the National Assembly
of the Republic of Korea Chung Sye-kyun.
Welcoming the Head of our state, the Speaker noted that relations of friendship
and strategic partnership between South Korea and Uzbekistan play an important role
in expanding the full-scale cooperation of our countries.
Important agreements were reached on development of inter-parliamentary
cooperation, further expansion of contacts in this direction during the negotiation that
were held on September 26, in Tashkent. Today’s meeting, which is the logical
continuation of those negotiations, also took place in the spirit of mutual trust and
sincerity.
The President of our country got acquainted with the activities of the National
Assembly of the Republic of Korea.

Shavkat Mirziyoyev was awarded the title of Honorary Citizen of Seoul
The President of our country Shavkat Mirziyoyev visited the Mayor’s Office of
the capital of the Republic of Korea. The Mayor of Seoul Park Won-soon met the
Head of our state.
Shavkat Mirziyoyev left a record in the Book of honored guests.
At the meeting it was emphasized that Uzbekistan and South Korea are firmly
bound by traditional friendship, relations of mutually beneficial cooperation and
strategic partnership.
Dozens of major projects with participation of large banks and companies of
South Korea have been implemented and continue to be realized in various sectors of
the economy of Uzbekistan. Official Seoul has traditionally been a leading
investment and technology partner in implementing priority programs on
diversification and modernization of industry and infrastructure of our country.

The Head of our state, on July 3 of this year, received the Mayor of Seoul Park
Won-soon in Tashkent. Issues of development of practical cooperation between the
sister cities – Tashkent and Seoul, were discussed during the meeting.
At the current meeting, special attention was paid to the use of advanced
experience of South Korea in the field of city management, development of the
transport system, housing and communal services on the basis of modern
technologies. The importance of active interaction in the spheres of urban planning,
architecture and landscape design was noted.
The ceremony of awarding the President of the Republic of Uzbekistan
Shavkat Mirziyoyev the title of Honorary Citizen of Seoul was held. Speakers at the
ceremony noted the dynamic development of cooperation between Uzbekistan and
South Korea, the state visit of President Shavkat Mirziyoyev is of great importance
for further strengthening friendly relations between the two countries.
The Head of our state proposed to name one of the streets of the city of
Tashkent in honor of Seoul as a sign of friendship between our people.
The President of our country Shavkat Mirziyoyev was solemnly awarded the
badge of Honorary Citizen of Seoul.
President of Uzbekistan met with the Prime Minister of the Republic of Korea
The President of the Republic of Uzbekistan Shavkat Mirziyoyev, during the
state visit to South Korea, met with the Prime Minister of the Republic of Korea Lee
Nak-yon.
In recent years, cooperation between Uzbekistan and South Korea has acquired
a wide scale. During the state visit of the President of our country to this country,
agreements were reached on cooperation in the spheres of trade, fuel and energy,
chemical, transport and transport-communications, logistics, automotive, mining,
light and food industries, agriculture, information technologies and
telecommunications, medicine, tourism, science, education and culture.
During the meeting, Shavkat Mirziyoyev and Lee Nak-yon discussed issues of
consistent implementation of the reached agreements, further improvement of joint
activity on new projects.

Uzavtosanoat set to start production of Chevrolet Tracker

In the framework of the state visit of President Shavkat Mirziyoyev in the
Republic of Korea, JSC Uzavtosanoat reached an agreement on the organization of
serial production of “Tracker”, the upgraded model of "Cobalt", as well as
motorcycles and scooters.
In the framework of the state visit of President Shavkat Mirziyoyev in the
Republic of Korea, JSC Uzavtosanoat reached an agreement on the organization of
serial production of “Tracker”, the upgraded model of "Cobalt", as well as
motorcycles and scooters.
The agreements provide for the organization of serial production of SUV
"Chevrolet Tracker" of the new generation. The car will be equipped with a 1.8 l
engine producing 140 HP, while fuel consumption per 100 km will be 8.1 L. The
production is set to be carried out on a full cycle (stamping, welding, painting,
assembly), the localization level of the car will be more than 50%.

JV MAN Auto-Uzbekistan to launch production of MAN CLA trucks on LNG
JV MAN Auto-Uzbekistan will launch production of MAN CLA trucks, running
on compressed liquefied natural gas (LNG), the company said in a statement.
Uzavtosanoat and MAN Truck & Bus AG signed an agreement on the
organization of production of MAN CLA trucks.
The agreement was signed within the official visit of the government
delegation of the Republic of Uzbekistan and the Uzbek-German business forum/
According to the agreement, MAN CLA trucks with an engine operating on
LNG and a MAN CLA dump truck with a total mass of 50 tons and an engine
capacity of 440 hp will be produced in the existing capacities of JV MAN Auto-
Uzbekistan.
The project is planned to be implemented in 2019-2020.
In FEZ “Kokand” have begun implementation of 18 projects
Activities on implementation of 18 prospective projects have begun in
“Kokand” free economic zone.
The free economic zones operating in our country play an important role in
organizing high-tech industries, stimulating the production of modern industrial
products, expanding the attraction of foreign direct investment.
The decree of the President of our country “On establishment of free economic zones
“Urgut”, “Gijduvan”, “Kokand” and “Khazarasp” of January 12, 2017 serves as an important guide
to action in this direction.
All conditions for implementation of new projects of entrepreneurs have been created on the
area of more than 700 hectares of “Kokand” free economic zone. Specific measures on accelerated
development of production, engineering, communication, road-transport and social infrastructure,
provision of qualitative logistics services have been identified. Entrepreneurs planning to work in
the economic zone, business representatives intending to invest in production, are studying with
interest the provided benefits and preferences.
10 thousand units of household appliances, 6 thousand sewing, weaving equipment and 2
million pieces of energy-efficient LED lamps are produced in “Staffing Plus Kokand” LLC, a year.
“Kokand bicycles” LLC, on production of bicycles and spare parts for them,
was established in 2015. It was granted 2 hectares of territory in the free economic
zone. Equipment for 740 million sums was imported. 6240 children’s bicycles and
3129 bicycles for adults will be produced here a year. “Vodiy Evro textile” LLC
proposes a project on painting and manufacturing of cotton products. 25 billion sums
will be directed to this activity and 150 specialists will be employed. The products
will mainly be exported.
In general, effective use of production and resource potential in the territory of
“Kokand” free economic zone, creation of new workplaces on this basis will
ultimately provide the population with permanent sources of income, will make a
worthy contribution to the stable development of the economy and welfare of our
people.

About admin

Check Also

Message of the President of the Arab Republic of Egypt to the President of the Islamic Republic of Pakistan on the occasion of the advent of

Eid ul Adha. H.E. Mr. Abdel Fattah Al sisi, President of the Arab Republic of …

Leave a Reply

Your email address will not be published. Required fields are marked *