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 01South Korea’s women-only universities weigh co-education as enrollments decline 02South Korea targets semiconductor self-reliance for national defense 03Employment for married South Korean women hits record but Devil is in details 04Trump’s return forces South Korea’s defense industry to adapt to new realities 05Lee Jae-myung verdict disrupts South Korea’s opposition party and 2027 election 06South Korea grapples with how to stymie crypto-fueled drug trade 07Science vs. Humanities: Why South Korean students switch their academic tracks 08How pro-Russian hackers took down South Korea websites over support for Ukraine

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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