Business

Uzbekistan, South Korea seal deal on joint online trading platform

By Kamol Ismailov

Copyright trend

Uzbekistan, South Korea seal deal on joint online trading platform

TASHKENT, Uzbekistan, September 16. With
support from the Embassy of the Republic of Uzbekistan in South
Korea, the Chamber of Commerce and Industry of Uzbekistan and the
online trading platform MEDIWIX Co. have signed a memorandum of
cooperation, Trend

As part of the agreement, the management of MEDIWIX Co. will
visit Tashkent on September 17 to sign a final contract
establishing the joint online trading platform. The platform is
expected to become a key e-commerce hub for entrepreneurs in both
countries, elevating bilateral trade and economic relations to a

In the second phase of cooperation, plans are underway to
integrate MEDIWIX Co. with South Korea’s major international
e-commerce platforms, Coupang and GoBiz, both of which have large
user bases. Additionally, the Chamber of Commerce and Industry of
Uzbekistan will assist in securing international grant funding to
support the platform’s global integration.

It is noteworthy that trade turnover between Uzbekistan and
South Korea reached $709.8 million from January to May 2025,
representing 2.3 percent of Uzbekistan’s total foreign trade.

The Chamber of Commerce and Industry (CCI) of Uzbekistan
functions as a non-profit entity that consolidates enterprises to
foster a conducive business climate, safeguard entrepreneurs’
rights, augment exports, attract foreign investment, and improve
domestic competitiveness. Its functions encompass delivering
information and consultation, enhancing professional abilities,
fostering international commercial partnerships, and serving as a
representative and advocate for enterprises in negotiations with
governmental and state entities.

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