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
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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