Kazakhstan and Mongolia signed 19 agreements following the business forum held in Astana. The agreements cover key sectors ranging from industry and agriculture to logistics, trade, digitalization, and tourism. The parties are focusing on opportunities to develop industrial cooperation, expand export supplies, and create new logistics routes. Kazakhstan is already actively supplying the Mongolian market with products from the mining and metallurgical sector, food products, and electronics. Particular attention was paid to the agricultural sector, including supplies of grain, flour, and environmentally friendly agricultural products.
«An important area is
the
development of transport and logistics cooperation. This means that these
products can be delivered to the markets of Central Asia, Europe, and China through Kazakhstan. Therefore, there are also very
significant prospects for cooperation in this area. Among the important
agreements, the supply of railcars can be highlighted. An agreement has been
reached on the delivery of products from the Atyrau Freight Car Building Plant to
Mongolia,» noted Murat
Karimsakov, Chairman, Chamber of International Commerce of Kazakhstan, Atameken
National Chamber of Entrepreneurs.
More than 80 Mongolian companies attended the forum. Their
representatives were interested in the opportunities offered by Astana’s
financial infrastructure, as well as the conditions for accessing international
capital markets. According to the business community, the potential for
cooperation significantly exceeds the current trade turnover and requires
further expansion.
«Our business is very interested in the fact
that the arbitration center at the AIFC operates based on English common law. We
also have an international arbitration center, and on both sides should help
companies establish and develop their relations. This is of great interest to
our businesses. We believe that the potential is significant and that trade
needs to be expanded. I think today’s business forum will serve as a reference
point,» said MNCCI
Secretary General Saruul Bulgan.
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