Ulaanbaatar
Mongolia-Singapore Business matching webinar held
Economy
Ulaanbaatar/MONTSAME/. The Mongolia-Singapore online
business meeting has been a success every year, and the two sides have
constantly explored opportunities for business cooperation. In order to support
local businesses, provide them with access to the Singaporean market, and thus
increase the economic growth of Mongolia, the Ministry of Foreign Affairs of
Mongolia and the Embassy of Mongolia in Singapore, in collaboration with the
Mongolian National Chamber of Commerce and Industry and the Singapore Business
Federation, successfully organized the online event “Singapore Mongolia
Business Matching Webinar-Assessing Mongolia and Singapore Markets Virtually”
on June 16, 2021.
Currently, e-commerce is booming in the Southeast Asian region, despite the “COVID-19” pandemic continues to spread worldwide. Therefore, the business webinar was successfully implemented under the main objective of Mongolia-Singapore e-commerce cooperation and the development of the new business fields by sharing the experiences and opportunities of Singapore, where nearly 180 participants attended the event this year.
In addition, both sides announced that the Memorandum of Understanding between the Mongolian National Chamber of Commerce and Industry and the Singapore Business Federation had been concluded. Тhe establishment of this document will open opportunities for companies of the two countries to start and expand cooperation, increase investment, and implement joint projects and programs.
Source: mfa.gov.mn
