President of Mongolia meets with President of AzerbaijanVideo
President of Mongolia Khaltmaagiin Battulga is paying a working visit to the Republic of Azerbaijan. President Battulga held a bilateral meeting with his Azerbaijani counterpart Ilham Aliyev in tête-à-tête and extended formats on September 24th.
The heads of state of Mongolia and Azerbaijan agreed to jointly enter foreign markets via Mongolian territory, actively participate in regional development, and explore opportunities to cooperate on logistical assistance in exporting Mongolian-made products to the world market.
During the extended format meeting, President Battulga pointed out that there is enormous potential to enrich Mongolia-Azerbaijan relations with economic content, while requesting to cooperate in increasing bilateral trade and investment and activating business-to-business ties.
President Ilham Aliyev supported the proposal, and the sides agreed on sending a research team of the Ministry of Economy and business representatives of Azerbaijan to Mongolia in October, 2018.
President Ilham Aliyev also expressed his support toward the export of Mongolian products and goods to the Middle East through Azerbaijan.
The sides agreed to carefully study the matters of exporting animal-origin products, including meat and leather, to Azerbaijan, making an investment for the establishment of cashmere and wool processing and carpet factory that will provide jobs to 300 people in Mongolia, and bringing in the required technology from Azerbaijan.
At the end of the meeting, President Battulga invited President Ilham Aliyev to visit Mongolia, and the latter expressed his appreciation of the invitation.