OREANDA-NEWS. January 16, 2012. During the first 11 months of 2011 the bilateral trade turnover between Uzbekistan and South Korea exceeded USD 1.5 billion. The total amount of alleged South Korean investments in Uzbek economy exceeded USD 5 billion, and the amount already disbursed - USD 2 billion. There are more than 350 companies with the South Korean capital in Uzbekistan.

Activities of Korean Air airlines, which managed transcontinental intermodal hub on the basis of Navoi International Airport, are commendable, where up to 24 weekly flights to the major regional economic and financial centers of Asia and Europe are held. The representatives of South Korean businesses are actively involved in the development of Navoi free industrial economic zone, implementing a number of mutually beneficial projects.

This was discussed at a meeting of the President of the Republic of Uzbekistan with the Speaker of the National Assembly of the Republic of Korea Park Hee Tae, held on January 10 in Oqsaroy.