Politics
ASIA, ASIAN DEVELOPMENT BANK, BIDEN ADMINISTRATION, CENTRAL ASIA, DIPLOMACY, ENERGY INFRASTRUCTURE, GU, GULNORA RAKHIMOVA, INTERNATIONAL RELATIONS, KOREA, KOREA, SOUTH, KYRGYZSTAN, LEE JUNG - HOO, LIM, LIM KI - KEUN, NETFLIX, NORTH AMERICA, OH SE - HOON, PARK HAE - SOO, PUBLIC PROCUREMENT SERVICE, RA, RAKHIMOVA, S. KOREA, SAN FRANCISCO, SEOUL, SOUTH KOREA, TASHKENT, TRADE, UNITED STATES, UZBEKISTAN, YO, YONHAP NEWS AGENCY, YOON
Dante Raeburn
South Korea and Uzbekistan Strengthen Public Procurement Cooperation Through MOU
South Korea’s Public Procurement Service and Uzbekistan’s Ministry of Economy and Finance signed an MOU to enhance public procurement cooperation. The agreement focuses on sharing information regarding electronic procurement systems and boosting corporate participation in the procurement market.
On April 14, 2025, a significant agreement was signed between South Korea’s Public Procurement Service (PPS) and Uzbekistan’s Ministry of Economy and Finance. This memorandum of understanding (MOU) aims to enhance cooperation in public procurement processes, particularly focusing on electronic procurement systems.
The meeting, which took place in Tashkent, was attended by PPS Administrator Lim Ki-keun and Uzbekistan’s Deputy Minister Gulnora Rakhimova. The MOU emphasizes the sharing of information regarding public procurement systems and aims to increase corporate involvement in the procurement market.
Lim Ki-keun’s visit followed a previous bilateral discussion with Rakhimova at an International Procurement Workshop in Seoul. He noted that this agreement would expand Korea’s public procurement partnerships in Central Asia, building on an earlier MOU with Kyrgyzstan.
The initiatives outlined in this MOU are expected to facilitate the sharing of crucial information, improve electronic procurement, and ultimately stimulate greater participation from corporations in public procurement activities in Uzbekistan.
This collaboration reinforces South Korea’s commitment to enhancing procurement relations in the region and supports the growth of its electronic procurement exports.
In conclusion, the recent MOU between South Korea and Uzbekistan signifies a vital step in enhancing public procurement cooperation. The agreement aims to facilitate information exchange regarding public procurement processes and improve electronic procurement systems. Furthermore, it underscores South Korea’s strategic focus on expanding its influence and cooperation in Central Asia.
Original Source: en.yna.co.kr
Post Comment