Apr 24 2018

Erdoğan on investment visits to Uzbekistan, Korea

Turkish President Recep Tayyip Erdoğan will visit Uzbekistan and South Korea next week to strengthen economic ties and discuss investments.

The visits are scheduled for April 29-May 3, Daily Sabah newspaper reported. Erdoğan will meet Uzbekistan President Shevket Mirziyoyev after the country’s decision to open up its economy. In South Korea, Erdoğan will be hosted by President Moon Jae-in and will attend a Turkish-Korean business forum and meet with company officials at Samsung, Hyundai, LG and Daewoo.

Erdoğan will discuss the Kanal Istanbul project with Jae-in, which South Korean Prime Minister Lee Nak-yeon previously announced Korea was interested in participating in. South Korea firms Daelim and SK E&C have already won a tender for a 192-year lease to build the 2.3 billion-euro Canakkale 1915 bridge, set to be the longest suspension bridge in the world.

Erdoğan’s meetings in South Korea follow a visit by Prime Minister Binali Yildirim in December. Bilateral trade between the two countries currently stands at $6.4 billion, Daily Sabah said.

https://www.dailysabah.com/business/2018/04/24/erdogan-set-to-visit-uzbekistan-south-korea-discuss-investments-projects

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