South Korea will expedite FTA negotiations with Uzbekistan. This was stated by the President of the Republic of Korea Moon Jae-in in his New Year’s Address to the country’s people.

“We will expand exchanges and cooperation with our New Southern and New Northern Policy partner nations by expediting FTA negotiations with the Philippines, Cambodia and Uzbekistan”, said the President of the Republic of Korea.

New Northern Policy, actively promoted by the government of the Republic of Korea, provides for the development of close cooperation in various fields with the countries of the Eurasian continent, including Uzbekistan.

The Republic of Korea has signed FTA with the European Union and the European Free Trade Association, the Association of Southeast Asian Nations, as well as with the United States, Canada, Australia, New Zealand, Chile, Colombia, Peru, China, India, Singapore, Vietnam and Turkey.

UzA