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South Korea and Uzbekistan agreed to boost trade agreement

South Korea and Uzbekistan

South Korea and Uzbekistan agreed to boost trade agreement

Seoul, Dec 17 (Prensa Latina) South Korean President Moon Jae-in and his Uzbek counterpart, Shavkat Mirziyoyev, on Friday agreed here to boost a bilateral trade agreement.
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According to media reports, both leaders will strengthen cooperation in the supply chains of rare metals and health care.

The presidents agreed to use a joint rare metal research center inaugurated in Uzbekistan in 2019 to find ways to diversify the supply chains and develop renewable energy sources.

Regarding health care, both parties highlighted the active exchanges during the Covid-19 pandemic and agreed to boost projects to build a hospital and a national cancer treatment center in Tashkent.

They also adopted a joint declaration that reaffirmed their commitment to strengthening relations, the support for Uzbekistan’s accession to the World Trade Organization and specific cooperation plans in industry, science, construction, infrastructure and health.

The heads of State also signed seven contracts and memoranda of understanding on disease prevention, energy and development of smart cities, among other areas.

This has been the fourth summit between Moon and Mirziyoyev, who is currently paying a three-day state visit to Seoul.

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