Economic Cooperation:
• Growing Trade: Bilateral trade between Uzbekistan and South Korea has been steadily increasing. Korea imports Uzbek cotton, textiles, and minerals, while Uzbekistan imports Korean technology, machinery, and consumer goods.
• Investment Opportunities: South Korea has become a significant investor in Uzbekistan, particularly in the energy, infrastructure, and textile sectors. Korean companies are actively exploring opportunities for further investment in various sectors.
• Joint Ventures: Both countries are encouraging joint ventures to leverage their respective strengths and create mutually beneficial economic opportunities.