The Export-Import Bank of Korea discussed expanding economic cooperation with Uzbekistan, focusing on key minerals, energy development, and infrastructure.
The bank announced that its President, Hwang Gi-yeon, met with Uzbekistan's President Shavkat Mirziyoyev on September 15 during his visit to South Korea. They engaged in in-depth discussions on enhancing economic cooperation between the two countries.
This meeting took place immediately after a business roundtable held in conjunction with the first Korea-Central Asia Summit.
Both sides agreed on the need to link Uzbekistan's national development policies with South Korea's industrial competitiveness to achieve tangible cooperation outcomes.
Uzbekistan is currently pursuing initiatives in key minerals and energy development, industrial diversification, and infrastructure expansion. The Export-Import Bank explained that these projects could serve as strategic cooperation areas between South Korea and Uzbekistan, aimed at stabilizing global supply chains, diversifying export markets, and securing future growth drivers.
In conjunction with the summit, the bank also exchanged memorandums of understanding on key cooperative projects and established a system for identifying strategic projects between the two countries.
* This article has been translated by AI.
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