Ulaanbaatar
Mongolia-Thai Chamber of Commerce established
Economy
Ulaanbaatar/MONTSAME/. Mongolia’s Ambassador to the Kingdom of Thailand A.Tumur, on behalf of the Mongolian National Chamber of Commerce and Industry, and Chairman of the Thai Chamber of Commerce and Board of Trade of Thailand Mr. Kalin Sarasin signed a Memorandum of Understanding on the establishment of the Mongolian-Thai Chamber of Commerce on March 11 in Bangkok.
“I am confident that the document will bring many significant results such as increase in the bilateral trade and investment as well as the implementation of joint projects and
programs,” said the President of the Mongolian National Chamber of Commerce and
Industry O.Amartuvshin who attended the event virtually. He also emphasized
that it opens up opportunities for the Chambers of the two countries to
organize joint business meetings, establish new partnerships by formally connecting
businesses of the two countries, and help them find a legal client.
Moreover, he stressed that the total trade turnover between
the two countries decreased to USD34.6 million last year and it is important to
develop the tourism sector for the rapid increase in trade turnover.
Within the framework of the MoU, the parties agreed to launch
partnership between the University of the Thai Chamber of Commerce and the
Business Academy under the Mongolian National Chamber of Commerce and Industry,
and to cooperate in training skilled business personnel.
