Businesses Discuss Export Expansion with New Ambassadors

Economy
n.urin@montsame.gov.mn
2026-04-08 10:12:06

Ulaanbaatar, April 8, 2026 /MONTSAME/. Leaders and representatives of member organizations and business entities of the Mongolian National Chamber of Commerce and Industry (MNCCI), the Small and Medium Enterprises Agency of Mongolia (SME Agency), and the Mongolian Wool and Cashmere Association met with newly appointed Ambassadors on April 6.

 

The sides held discussions on strengthening cooperation between the Chamber, professional associations, and diplomatic missions, expanding foreign economic cooperation, and increasing export and investment.

 

President of the MNCCI Lkhagvajav Baatarjav delivered opening remarks, noting the importance of the diplomatic missions’ roles in increasing private sector participation and expanding export markets. He presented to the newly appointed ambassadors his proposals on active support for foreign trade and investment, and on tangible opportunities and resources to increase non-mining exports.

 

Director of the SME Agency, Erdenesaikhan Ya, provided detailed information on opportunities to bring domestic producers to foreign markets, pressing issues, and cooperation pathways, and started a discussion among participants.

 

Advisor to the President Javkhlan Bayarsaikhan briefed on the current situation of the cashmere, wool, and leather sector, export opportunities, and pressing issues within the framework of the White Gold national program, initiated by the President, while business representatives expressed their views.

 

Newly appointed ambassadors to 20 foreign countries attended the meeting and expressed that they will actively cooperate in intensifying bilateral trade and economic cooperation, supporting domestic producers, and attracting investment.

 

The sides agreed to focus on expanding business relations and investor cooperation, as well as increasing the range and volume of export products, through diplomatic missions.

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