Yoon, Mirziyoyev agree on S. Korea's 1st export of bullet trains to Uzbekistan


President Yoon Suk Yeol and Uzbek President Shavkat Mirziyoyev met at the Kuksaroy Presidential Palace in Tashkent, Uzbekistan, to strengthen their "special strategic partnership" across various sectors, including infrastructure and mineral resources. Notably, a South Korea-based heavy industry firm, Hyundai Rotem, and state-run Uzbekistan Railways signed a 270 billion won ($195.7 million) deal to export South Korea's domestically developed high-speed trains to Uzbekistan. This marks Korea's first export of a homegrown bullet train and signifies a significant milestone in bilateral cooperation. Furthermore, the summit laid the groundwork for South Korean firms to participate in a $5.35 billion tender for a toll road project in Uzbekistan and for the second-stage construction of "Tashkent Pharma Park." The two countries also agreed to strengthen supply chain cooperation in Uzbekistan's rich strategic reserves of tungsten and molybdenum, crucial resources for semiconductor chips and electric vehicle batteries. Additionally, they committed to continuing ministerial talks, policy coordination dialogues, and economic and trade discussions to further enhance their partnership. President Yoon's visit to Uzbekistan is part of his trip to three Central Asian countries, following his visits to Turkmenistan and Kazakhstan.


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