S. Korean, Uzbek PMs Discuss Economic Cooperation in Tashkent

Write : 2016-05-21 15:25:06 Update : 2016-05-23 10:28:47

S. Korean, Uzbek PMs Discuss Economic Cooperation in Tashkent

Anchor: Prime Minister Hwang Kyo-ahn held talks with his Uzbek counterpart in the Central Asian nation, during which they agreed to expand economic ties. While underlining the already strong economic partnership between the two countries, they addressed solving the issue of unpaid transactions for South Korean firms operating in  Uzbekistan and affirmed on the need to further strengthen cooperation on various fronts.
Our Kim Soyon has more.

Report: South Korean Prime Minister Hwang Kyo-ahn and his Uzbek counterpart reaffirmed a strong economic partnership down the road.

During talks in Tashkent on Friday, Hwang and Uzbek Prime Minister Shavkat Mirziyoyev agreed to continue smoothly carrying out joint large-scale economic cooperation projects, such as the ongoing construction of a petrochemical complex.

With Hwang asking the Tashkent government to resolve the issue of some 30 million dollars of unpaid balance for South Korean firms, the Uzbek prime minister agreed to first provide five-point-three million dollars.

The prime ministers tried to troubleshoot practical difficulties faced by South Korean businesses in the central Asian country, discussing ways to facilitate currency exchanges for the companies. 

During the meeting, the Uzbek premier expressed that his country wants to take after South Korea's economic development and promised to create an environment conducive to Korean business activities. 
                 
Following the talks, Prime Minister Hwang also met with Korean businesspeople in the Central Asian country, checking on the progress in the construction of a thermal power plant and other energy-related projects.

Hwang also attended the groundbreaking ceremony for the "House of Korean Culture and Art" to be completed next year to mark the 80th year of the forced migration of ethnic Koreans to Uzbekistan in the 1930s. At the event, Hwang praised Korean-Uzbeks for continuing Korean traditions and promoting Korean culture known as the Korean Wave.

After visiting the site of the Surgil chemical complex, the largest project between Seoul and Tashkent, the prime minister will fly to Saudi Arabia to meet with King Salman.
Kim Soyon, KBS World Radio News.

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