On August 24, 2026, Uzbekistan and South Korea held a joint business forum and B2B meetings aimed at increasing bilateral trade and economic cooperation in Tashkent.
Business Meeting in Tashkent
The event was jointly organized by the Ministry of Investment, Industry, and Trade of Uzbekistan and the Korean Importers Association (KOIMA). Participants included Deputy Minister of Investment, Industry, and Trade Ilzat Kasimov, KOIMA Chairman Yoon Yong Mi, the Korean Embassy in Uzbekistan Ambassador Won Do Young, and about one hundred company representatives from both countries.
Bilateral trade turnover between Uzbekistan and South Korea reached approximately 2 billion US dollars in 2025. The total volume of foreign direct investment from South Korea into Uzbekistan exceeded 8 billion US dollars, with over 600 enterprises with South Korean capital currently operating in the country.
Discussions focused on strengthening trade and economic ties, as well as promoting the increase of Uzbek product exports to the South Korean market. Participants also assessed new business opportunities and potential joint projects in key sectors such as agriculture, industrial production, energy, logistics, and telecommunications.
The B2B sessions allowed for direct negotiations between businesses to establish concrete frameworks for cooperation in target industries.