South Korea and Uzbekistan put money troubles aside to focus on developing ties



Analysis South Korea and Uzbekistan put money troubles aside to focus on developing ties Agreement on Tashkent’s outstanding payment of $1B will facilitate greater ROK investment in resource-rich country Celio FiorettiSeptember 14, 2023 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON South Korean Minister of Foreign Affairs Park Jin (right) with Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov on Sept. 11, 2023 \| Image: ROK Ministry of Foreign Affairs South Korea’s finance ministry came to an agreement with Uzbekistan last Friday on settling an outstanding payment of some $1 billion related to a joint gas project. The announcement came after ROK finance minister Choo Kyung-ho visited the country last week to meet his counterpart, building on a decadeslong relationship between the two countries. South Korea’s finance ministry came to an agreement with Uzbekistan last Friday on settling an outstanding payment of some $1 billion related to a joint gas project. The announcement came after ROK finance minister Choo Kyung-ho visited the country last week to meet his counterpart, building on a decadeslong relationship between the two countries. Get 30 days of free access to KoreaPro Full access to all analysis The KOREA PRO newsletter, every business day Daily analysis on the top story of the day The ability to suggest topics for coverage by our specialist team Be smart about South Korea Get full access to expert analysis and opinion. Start now No charges during your trial. Cancel anytime. A paid subscription will start after 30 days. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Briefing Start your day with the South Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily Briefing. LATEST ANALYSIS 01Seoul’s urban renewal sparks fears of gentrification and cultural erosion 02Elderly South Koreans face digital isolation as government slashes tech budget 03South Korean smart farm companies face uphill battle in Middle East market 04Why universal cash handouts would have unintended consequences for South Korea 05Financially illiterate South Koreans put nation’s economic future at risk 06Sewol ferry documentary delay sparks outcry as victims seek justice and closure 07South Korea’s apartment dwellers face violent crimes amid noise disputes 08Seoul’s ‘K-Defense’ push in the Philippines faces political, strategic hurdles 09In South Korea, residents fight to preserve nature from encroaching golf courses 10South Korea’s historic opposition win sets the stage for a political showdown

Analysis

South Korea and Uzbekistan put money troubles aside to focus on developing ties

Agreement on Tashkent’s outstanding payment of $1B will facilitate greater ROK investment in resource-rich country

Celio FiorettiSeptember 14, 2023

South Korea and Uzbekistan put money troubles aside to focus on developing ties

South Korean Minister of Foreign Affairs Park Jin (right) with Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov on Sept. 11, 2023 | Image: ROK Ministry of Foreign Affairs

South Korea’s finance ministry came to an agreement with Uzbekistan last Friday on settling an outstanding payment of some $1 billion related to a joint gas project.

The announcement came after ROK finance minister Choo Kyung-ho visited the country last week to meet his counterpart, building on a decadeslong relationship between the two countries.

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South Korea and Uzbekistan put money troubles aside to focus on developing ties

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Celio Fioretti

South Korea and Uzbekistan put money troubles aside to focus on developing ties

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