Fund for support of exports of small businesses and private entrepreneurs under the National Bank of Uzbekistan for Foreign Economic Activity (EPF) and Korea International Trade Association (KITA) signed a memorandum of understanding on 27 February 2014.
South Korea’s Posco Engineering & Construction Co. signed a contract with the Government of Uzbekistan for reconstruction of automobile road “Guzar-Bukhara-Nukus-Beinau”.
State Committee for Communication, Information and Telecommunication Technologies of Uzbekistan hosted a meeting with the Senior Vice President of SK C&C (South Korea) Park Hyeon on 5 February 2014.
According to governmental agreement, a group of medicine specialists from South Korean hospital “Severance” under Yonsei University will visit Uzbekistan.
Uzbekistan will record one of the highest economic growth rates in the Commonwealth of Impendent States (CIS) in 2014 and 2015, according to the UN report World Economic Situation and Prospects 2014 (WESP).