Export-Import Bank President Hwang Kiyeon Discusses Future-Oriented Economic Cooperation with Uzbek President

Discussing the Expansion of Strategic Cooperation in Critical Minerals and Energy

Business Agreement Signed to Establish a System for Identifying Strategic Projects

Hwang Ki-yeon, President of the Export-Import Bank of Korea, met with Shavkat Mirziyoyev, President of Uzbekistan, to discuss ways to strengthen economic cooperation in future industries such as critical minerals and energy.

Hwang Ki-Yeon, President of the Export-Import Bank of Korea (left), held a meeting with Shavkat Mirziyoyev, President of Uzbekistan, on the 15th at the Shilla Hotel in Jung-gu, Seoul, to discuss ways to advance economic cooperation between the two countries. Provided by the Export-Import Bank of Korea.

The Export-Import Bank of Korea announced on the 16th that President Hwang held a meeting with President Mirziyoyev, who visited Korea to attend the "1st Korea-Central Asia Summit," immediately after the "Korea-Uzbekistan Business Roundtable" held on the 15th. President Hwang conveyed his expectation that the economic cooperation between the two countries will be further strengthened as a result of this summit.

Uzbekistan is promoting its national development policy with a focus on critical minerals and energy development, industrial diversification, and infrastructure expansion. The Export-Import Bank of Korea evaluated Uzbekistan as emerging as a strategic partner for economic cooperation, essential for Korea's stable supply chain of critical minerals, diversification of export markets, and securing new engines of future growth.

Both sides agreed that linking Uzbekistan's national development policy with Korea's industrial technology capabilities must create tangible economic benefits for both countries. They also shared the view that Uzbekistan's development strategy could contribute to diversifying Korea's critical minerals supply chain and enhancing the competitiveness of advanced industries.

On the occasion of this summit, the Export-Import Bank of Korea exchanged business agreements related to key projects, such as establishing a system for identifying strategic projects. Going forward, the bank plans to further detail the agreed projects and prepare effective financial support measures. President Hwang stated, "Through the summit and a series of events, we have further solidified the framework for future-oriented cooperation between the two countries," adding, "We will focus our capabilities on concretizing the agreed projects to accelerate economic cooperation with Uzbekistan and to achieve substantive results in the form of financial support."

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