Kazakhstan and Mongolia expand cooperation

Trade and economic cooperation between Kazakhstan and Mongolia demonstrates positive dynamics. Previously, annual trade turnover stood at $124 million, while in the first half of 2025, it has already reached $74 million. This indicates an increase in mutual agreements. At the same time, Kazakhstan’s exports to Mongolia amounted to $71 million, with the main share consisting of processed and agricultural products. The data was announced at the second meeting of the Kazakh-Mongolian Business Council, which brought together around 50 companies from Kazakhstan and slightly fewer from Mongolia. Experts note strong prospects for cooperation in metallurgy, logistics, and tourism. Following the meeting, the sides signed three memorandums.

«New areas of cooperation include agriculture, agro-industrial development, processing of agricultural products, and green energy. There is also great interest in tourism. This is important for both Kazakhstan and Mongolia. Additional opportunities lie in IT trade and digitalization,» said Murat Karimsakov, Chairman of Kazakhstan’s Foreign Trade Chamber.

Web-editor: Айнұр Досан