On April 16, in Washington, D.C., on the sidelines of the spring meetings of the World Bank and the IMF, a meeting was held between the Deputy Prime Minister—Minister of Economy and Finance of Uzbekistan, Jamshid Kuchkarov, and the Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, Choo Kyung-ho. The parties focused on the development of trade, economic, and investment ties, noting the steady growth of trade between the countries in recent years.
During the negotiations, issues of macroeconomic stability and support for economic growth in Uzbekistan were discussed separately. The parties considered the progress of reforms and the digitalization of the public finance management system, including the introduction of Korean dBrain+ and e-Hojo solutions, which can increase the transparency and efficiency of budget processes.
A wide range of promising areas of cooperation were also touched upon—from the development of the semiconductor industry to personnel training and the implementation of joint industrial projects. Interest in the introduction of innovative technologies was also noted. Following the meeting, mutual readiness to further expand investment partnership and strengthen economic ties between the countries was confirmed.
Now on home
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