Presidents Shavkat Mirziyoyev and Moon-Jae-in attended the opening of the Uzbekistan-Korea Republic Business Forum. Uzbekistan and South Korea are long-term investment partners. The volume of Korean investments attracted to the Uzbek economy surpassed US$ 7 billion. The Korean National Oil Company, Eximbank, leading, including Kogas, Lotte group, Samsung, Hyundai, Shindong Resources are involved in the priority projects.
Georgian TBC Bank has bought the 51% stake in Inspired LLC, which owns the PayMe digital payment system in Uzbekistan for US$ 5.5 million, the bank said in a statement.
Leman Capital, a Swiss capital-investment company, received for trust management the shares of three companies, via Integra Eurasia.
As part of the preparation for the visit of the South Korean President to Uzbekistan, the Uzbek Uztextile Association officials, led by the chairman travelled to the Republic of Korea where they held talks with the leadership of the Korean Sam Co. Ltd company.
President Shavkat Mirziyoyev signed on March 15 a decree “On measures to fundamentally improve the system for protecting business activities and optimizing the activities of prosecution bodies.”
On March 13, 2019, a briefing was held in Washington DC, which was attended by representatives of companies, NGOs and the media, as well as employees of the U.S. Department of Commerce, the World Bank and the Asian Development Bank.
The symbolic foundation stone was laid for a new hosiery manufacturing unit of the Russian brand Nashe in Namangan. The First Deputy PM Ochilboy Ramatov, the Governor of Namangan province Khairullo Bazarov, Deputy Foreign Minister Alisher Abdualiev and representatives of the Russian firm were present in the ceremony.