Goal Set to Attain USD 100 Million Worth Trade Turnover

Politics
b.ganchimeg@montsame.gov.mn
2023-06-05 10:38:47

Ulaanbaatar, June 5, 2023 /MONTSAME/. The Second Meeting of the Consultative Body on Bilateral Cooperation between Thailand and Mongolia was held in Bangkok on June 2.

 

Minister of Environment and Tourism of Mongolia B. Bat-Erdene and Vice Minister for Foreign Affairs of Thailand Vijavat Isarabhakdi co-chaired the Meeting. During the meeting, the parties discussed ways to strengthen Mongolian-Thai cooperation in the five areas under the Mongolia-Thailand Five-Year Work Plan for Cooperation (2022-2027), namely trade, investment, tourism and culture, agriculture, and technical cooperation. Moreover, the discussion covered some issues related to the preparations to commemorate the 50th anniversary of the establishment of diplomatic relations between Mongolia and Thailand in 2024 through high-level visits and cultural events.

 

Under the Mongolia-Thailand Five-Year Work Plan for Cooperation (2022-2027), both sides reiterated their will to cooperate in attaining USD 100 million worth of trade turnover and USD 1.5 billion worth of investment. 

 

With the Government of Mongolia declaring 2023 through 2025 the "Years to Visit Mongolia," both sides agreed on organizing tourism events in Thailand to promote Mongolia and attract tourists, launching direct flights between Mongolia and Thailand starting in June, arranging visits by Thailand’s tour operators to Mongolia, and concluding relevant cooperation documents.

 

In regards to commemorating the 50th anniversary of the establishment of diplomatic relations between Mongolia and Thailand in 2024, a series of high-level visits and cultural events are expected, including a Visit by Princess Chulabhorn of the Kingdom of Thailand to Mongolia, cultural days and online round tables between researchers and scientists of the two countries.

 

The Mongolian side expressed delight at receiving H. E Princess Chulabhorn in Mongolia and agreed to conclude relevant cooperation documents between the two countries during the high-level visits that will take place in the near future.   

 

For the Thai side, they affirmed their support for the “One Billion Trees” and “Food Supply and Security” National campaigns, initiated by the President of Mongolia, and their intention to continue the “Lunch Program”, which is being implemented under the auspices of H. E. Princess Maha Chakri Sirindhorn of the Kingdom of Thailand for the secondary school students of Mongolia.

 

The sides agreed to organize the next or 3rd Meeting of the Consultative Body on Bilateral Cooperation in Ulaanbaatar in 2024.

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