Uzbek-Korean business forum takes place in Tashkent

Tashkent, Uzbekistan (UzDaily.com) -- A delegation of business circles of the Republic of Korea headed by Deputy Chairman of the Federation of Small and Medium Business Li Hong Wu arrived in Uzbekistan from 7 to 11 November 2017.

Within the framework of the visit on 8 November 2017, the Chamber of Commerce and Industry jointly with the National Bank for Foreign Economic Activity of the Republic of Uzbekistan hosted the Uzbek-Korean business forum and cooperation exchange with the participation of entrepreneurs of the two countries, which served as an additional incentive for developing business cooperation, purpose of implementing joint projects.

The main goal of this event was to promote the establishment and expansion of trade ties between entrepreneurs of the two countries, growth of the number of new joint ventures and increase of bilateral trade.

About 60 representatives of major South Korean companies engaged in construction, food, trade, jewelry, medical equipment, personal hygiene, gas-cylinder equipment, agricultural machinery, ICT, packaging materials, textiles and textile equipment, logistics, processing fruit and vegetable products and production of finished products, as well as more than 150 representatives of large enterprises and companies from various regions of Uzbekistan.

During the business meeting, issues of mutual cooperation on strengthening cooperation between entrepreneurs of the two countries were discussed.

During the event, Uzbek companies received information about credit lines of Korea EXIMBANK via the National Bank of Uzbekistan, which are allocated for the purchase of equipment of Korean companies.

The delegation of business circles of Korea also visited the exhibition-fair "Made in Uzbekistan".

Within the framework of the visit on 9 November 2017, the Delegation of the Republic of Korea visited the free industrial zone “Qoqand”, specializing in construction, food, chemical, textile, leather goods, footwear products, which will serve as an additional incentive for the development of business cooperation, investment in order to create joint ventures.

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