Uzbekistan, Korea create two JV in car industry

Tashkent, Uzbekistan (UzDaily.com) -- Uzavtosanoat (Uzbek Car Industry) joint-stock company and Erae Cs Limited signed constituent documents on creation of two joint enterprises.

The ventures will produce car wires and generators for cars with machining process method.

The documents were signed on the results of the Uzbek-Korean Business Forum, which was held on 11 May 2009 within the state visit of the South Korean President Lee Myung-Bak.