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Kyrgyzstan, Mongolia forge path toward closer trade and economic co-op

BISHKEK, Kyrgyzstan, April 3. The Ambassador of
Kyrgyzstan to Mongolia, Aibek Artykbaev, and the President of the
National Chamber of Commerce and Industry of Mongolia, Tur-Od
Lkhagvajav, met to discuss expanding Kyrgyz-Mongolian cooperation
in trade and the economy, Trend reports via the Ministry of Foreign Affairs of
Kyrgyzstan.

The meeting focused particularly on strengthening business
contacts between entrepreneurs from both countries and organizing a
Kyrgyz-Mongolian business forum.

Artykbaev suggested revitalizing the Kyrgyz-Mongolian Business
Council, which plays a crucial role in strengthening business ties
between the two nations. He also proposed holding a meeting of the
council later this year.

In response, Lkhagvajav expressed Mongolia’s readiness to
further strengthen and expand mutually beneficial trade and
economic cooperation, as well as to implement new promising
projects in trade and investment.




Following the meeting, the parties agreed to continue active
collaboration on the discussed matters.

The data from the State Statistical Committee of Kyrgyzstan
shows that trade turnover between the two countries reached
$160,207 in January 2025, 30.8 percent less than in January
2024.

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