This was stated by Professor of the Department of International Relations of Seoul National University Beom-Shik Shin, addressing the expert forum “Uzbekistan – Korea: A look into the future”, held on August 23 in Tashkent.

According to the expert, the Agreement on Sustainable Trade and Economic Partnership (STEP) between Uzbekistan and South Korea will allow Tashkent to introduce advanced forms of interaction in foreign trade, facilitate procedures related to foreign trade operations and stimulate exports.

“The successful completion of negotiations within the framework of STEP between the two countries can become an exemplary model of economic cooperation for concluding trade agreements with other developing countries in the Eurasian space”, noted the professor.

The forum, organized by the Institute for Strategic and Regional Studies under the President of Uzbekistan with the assistance of the University of World Economy and Diplomacy in partnership with Korea – Central Asia Cooperation Forum Secretariat, is attended by more than 25 leading experts and heads of analytical centers, representatives of research and education institutions of the two countries.

UzA