Chamber of Commerce, KOBIA sign memorandum of cooperation

Tashkent, Uzbekistan (UzDaily.uz) -- Chamber of Commerce and Industry of Uzbekistan and Korea Business Incubators Association (KOBIA) signed a memorandum of cooperation.

According to the Chamber of Commerce and Industry of Uzbekistan, the memorandum is directed at developing cooperation between business circles of Uzbekistan and South Korea and increasing bilateral trade turnover between two states.

During the ceremony, it was noted that South Korea is reliable partner and largest investor of Uzbekistan.

Currently, there are over 408 enterprises with South Korean investments in Uzbekistan, of which 68 enterprises are with 100% Korean capital.