Uzbekistan and South Korea may conclude a free trade agreement

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan and South Korea intend to work on the issue of concluding a free trade agreement to expand bilateral trade and economic relations.

This decision was made following the meeting of Deputy Prime Minister of Uzbekistan Elyor Ganiyev and Deputy Prime Minister of South Korea Hong Nam-ki.

Last week, the second meeting of the deputy prime ministers of Uzbekistan and South Korea was held in Seoul, Yonhap reported.

Hong Nam-ki during the meeting noted that countries should consider the possibility of concluding a free trade agreement.

He noted that South Korea will provide assistance to Uzbekistan for the development of various sectors of the economy, including through the Official Development Assistance Program of the South Korean Government.

The Uzbek side noted that it would provide assistance to South Korean companies that are planning to take part in infrastructure projects in Uzbekistan.