Uzbek envoy, Daejeon explore business ties in satellites, rail, water projects

Uzbek Ambassador to Korea Alisher Abdusalomov, front row fifth from left, poses with business officials and embassy staff in Daejeon, Friday. Courtesy of Daejeon Chamber of Commerce and Industry

The Daejeon Chamber of Commerce and Industry said Sunday it hosted a luncheon meeting with Uzbek Ambassador to Korea Alisher Abdusalomov on Friday to discuss ways to deepen investment and cooperation between local businesses and Uzbekistan. The event brought together regional business leaders, municipal officials and embassy representatives.

The program began with video presentations highlighting the investment climates of both Daejeon and Uzbekistan. Attendees then engaged in open discussions on how to strengthen corporate partnerships, with particular emphasis on potential joint projects in satellite manufacturing and services, water purification initiatives and high-speed rail construction.

Local executives shared firsthand experiences of operating in foreign markets and offered proposals to make Uzbekistan more accessible to Korean companies. Key suggestions included streamlining tax incentives, simplifying documentation requirements and improving customs clearance procedures for imports and exports.

“Uzbekistan is a country with high growth potential based on abundant natural resources and a young population,” Daejeon Chamber Chairman Chung Tae-hee said. “Daejeon, known as Korea’s science capital, is home to leading government-funded research institutes, innovative technology firms and top universities. These assets can create powerful synergy in technology, talent and industry when matched with Uzbekistan’s strengths.”

Abdusalomov noted that Korea and Uzbekistan have maintained friendly diplomatic ties for more than three decades, with the relationship strengthened by growing mutual investment.

“The Uzbek government will actively support expanded trade, technology cooperation and human exchanges,” he said, adding that companies interested in entering the central Asian country's market are welcome to seek direct assistance from the embassy.

The luncheon provided a platform not only for exploring business opportunities but also for reinforcing people-to-people connections. Both sides expressed interest in organizing future trade missions, technology fairs and academic exchanges to sustain momentum from the meeting.