Mongolian Companies Express Interest in Entering the Uzbekistani Market

2024-05-10 16:27:34

Ulaanbaatar, May 10, 2024 /MONTSAME/. Mongolian business representatives held a business meeting with officials from the Uzbek delegation headed by Deputy Minister of Foreign Affairs of the Republic of Uzbekistan Bobur Usmanov, who is on an official visit to Mongolia, on May 9, 2024.

The two sides exchanged views on trade and economic cooperation between Mongolia and Uzbekistan. 

Deputy Minister of Foreign Affairs of the Republic of Uzbekistan Bobur Usmanov emphasized the significance of expanding trade and economic cooperation with Mongolia, stating that these are the priority of the bilateral relations between the two countries. Additionally, he highlighted the importance of investment issues and referenced the Astana Investment Forum as an example. At this forum, participants from 97 countries signed investment agreements totaling USD 27 billion.

At the Mongolia-Uzbekistan business meeting, representatives from Mongolian companies such as “Mongol Basalt” LLC, “Tavan Bogd Solutions” LLC, and “MCS Investment” LLC presented their cooperation projects. They also expressed their interest in expanding into the Uzbekistani market.

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