France's financial situation is under unprecedented pressure as the national debt continues to grow. It is planned that by 2027, the ratio of public debt to gross domestic product will reach 119.3 percent.
France's financial situation is under unprecedented pressure as the national debt continues to grow. It is planned that by 2027, the ratio of public debt to gross domestic product will reach 119.3 percent.
Despite the government preparing austerity measures amounting to 54 billion euros for 2027, the country's financial situation remains extremely strained, reaching a level not seen since 1978.
Uzbekistan and Korea plan to implement over 120 projects in the field of vital minerals worth more than $4 billion. This was announced by President Shavkat Mirziyoyev at the first business conference 'Central Asia – Republic of Korea.'
The parties intend to expand cooperation covering the entire cycle—from raw material extraction to deep processing and production of high value-added products.
It was emphasized that Uzbekistan's mineral resource base is estimated at at least $3 trillion. It was proposed to combine the region's resource potential with Korea's financial and technological capabilities to create a chain from raw material extraction to the release of finished high-tech products.
A joint center for designing and testing semiconductors, industrial microelectronics, and new materials will be established at the Future Technologies Center in Nurafshon. Additionally, a proposal was put forward to create a biopharmaceutical cluster combining research, clinical base, and production.
Korean President Lee Jae-myung proposed expanding the partnership beyond the automotive industry and raw material trade to include consumer goods, biotechnology, and digital sectors. He also stated support for regional products entering the Korean market, sending trade delegations to Central Asia, and accelerating the digitalization of customs procedures.
The Korean side also proposed developing full-cycle cooperation in the field of vital minerals—from geological exploration to finished product manufacturing. During the business summit between companies, 19 memorandums of cooperation were signed.
According to government data, 3.4 billion tons of cargo were transported through European Union ports by the end of 2024. This volume accounts for approximately 26% of global maritime trade.
In the port ranking, the Port of Rotterdam in the Netherlands took the absolute first place by receiving 397.3 million tons of cargo. The second place was taken by the Port of Antwerp-Bruges in Belgium with 243.7 million tons of cargo.
