Ulaanbaatar
Mongolia to Explore Establishment of Joint Investment Fund with Oman
Politics
Ulaanbaatar, August 6,
2025 /MONTSAME/. Minister of Foreign Affairs of Mongolia Battsetseg
Batmunkh received the President of the Oman Investment Authority (OIA) of the
Sultanate of Oman, Mr. Abdulsalam bin Mohammed Al Murshidi, on August 4, 2025.
During the meeting, the
two sides noted the active development of friendly relations and cooperation
between Mongolia and the Sultanate of Oman in recent years and shared views on further
strengthening mutually beneficial cooperation in the sectors of trade, economy,
investment, mining, agriculture, and renewable energy.
Minister Battsetseg
Batmunkh expressed pleasure that the Minister’s official visit to the Sultanate
of Oman in February 2025 was fruitful, resulting in representatives led by the President
of the OIA visiting Mongolia, holding meetings with relevant Ministries and
agencies, and defining areas for future cooperation. The Ministry of Foreign
Affairs of Mongolia expressed its commitment to provide multifaceted support.
President of the OIA Abdulsalam
bin Mohammed Al Murshidi noted that the meetings with the Prime Minister of
Mongolia and officials from the Ministry of Industry and Mineral Resources, the
Ministry of Economy and Development, and the Ministry of Food, Agriculture, and
Light Industry of Mongolia were fruitful in terms of obtaining information about
potential joint programs and projects. The President of the OIA expressed
confidence that the first model project will commence soon.
The two sides agreed to
study the matter of establishing a joint investment fund aimed at progressing bilateral
economic and investment cooperation and to hold discussions on the level of
relevant institutions.
