President of Uzbekistan Islam Karimov will pay a state visit to the Republic of Korea on 10-12 February on the invitation of the President of this country Lee Myung-Bak.

During the visit, issues of expansion and deepening of Uzbek-South Korean cooperation, as well as important regional and international problems will be considered.

The sides are expected to sign a number of bilateral documents, aimed at deepening cooperation of the two countries in various areas.

President Islam Karimov attended the session. In his speech, the Head of state maintained that Uzbekistan has managed to not only weather the tough challenges of the global economic downturn, but secure a steady economic growth owing to the aptly articulated strategy of development and modernization. Efforts in implementing the Anti-Crisis Program 2009-2012 have proved critical in overcoming the troubles.

According to President Karimov, the macroeconomic stability and sound economic growth rates observed last year in Uzbekistan plainly point to the correctness of the economic path chosen by the nation. The route is renowned as the Uzbek model of economic reforms.

The Senate (upper house) and Legislative Chamber (lower house) of Uzbekistan’s Oliy Majlis (national parliament) assembled for a joint session on January 27 in Tashkent. President of the Republic Islam Karimov attended the convention.

Members of the Cabinet of Ministers, heads of national agencies, members of diplomatic corps, representatives of international organizations, and the media were also present at the event.

Members-elect of both houses approved the Cabinet’s resignation, and authorized the outgoing government as an acting one until a new cabinet is shaped.

President of Uzbekistan Islam Karimov delivered a speech...