AGP Executive Report
Last update: 5 hours agoUzbekistan–South Korea Industrial Push: President Mirziyoyev proposed a “Central Asia–Korea: Partnership for Accelerated Development” framework, aiming to lift bilateral trade to $20bn by 2030, create a Central Asia–Korea Industrial and Technology Park in Uzbekistan, and set up a Regional Investment Alliance on Critical Minerals plus a Climate and Carbon Partnership. Korea–Central Asia Summit Follow-through: South Korea and five Central Asian states adopted the Seoul Declaration, setting a two-year summit cycle and prioritizing critical minerals, energy, supply chains, logistics, aviation cooperation, and AI/digital transformation. Trade Dealmaking in Seoul: KOTRA’s Korea–Central Asia Business Partnership brought 33 Central Asian buyers and about 90 Korean firms, producing 200 consultations and 16 export contracts worth ~$14m on-site, including energy and construction project discussions. Finance for Industry: Shinhan Financial Group signed back-to-back cooperation deals with Uzbekistan and Kazakhstan, planning up to $200m for Uzbek financial institutions and joint support for infrastructure and renewables. Agritech Mechanization: TYM agreed with Uzbekistan’s agriculture ministry to field-test CNG tractors (pilot through end-2028) to cut fuel costs and emissions. Education & Skills: Uzbekistan will add Korean language to its national academic competition, with MOUs covering early education, AI/digital learning, teacher training, and higher-education exchanges. Regional Connectivity Context: Analysts highlighted the Trans-Caspian “Middle Corridor” as Central Asia’s key logistics reroute away from Russia and volatile chokepoints.
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