Having welcomed the high-ranking official to our country, President Islom Karimov noted that Uzbek government highly valued the developing relations with the Republic of Korea.

"Your visit to Uzbekistan testifies the fact that trade, economic and investment relations between our countries develop and embrace new areas", the president said.

As the meeting noted both sides benefited from developing and implementing new large business projects. For instance, attracting Korean investments in the Uzbek oil and energy industry as well as the trade and financial sectors will bring good results. A favourable investment climate created for foreign investors in Uzbekistan plays a significant role in this regard.

Korean Deputy Prime Minister of Finance and Economy Kwon O-Kyu thanked the president for the warm welcome and said that the Republic of Korea was interested in further developing relations with Uzbekistan.