Mongolia and Uzbekistan to Open Trade and Economic Representative Offices
Politics
Ulaanbaatar, February 10, 2025 /MONTSAME/. On February 6-7, 2025, the first Meeting of the Mongolia-Uzbekistan Intergovernmental Commission on Trade, Economy, Science, and Technology Cooperation was held in Tashkent, the capital city of the Republic of Uzbekistan.
The
Meeting was chaired by Deputy Prime Minister of Mongolia and Member of the
Parliament of Mongolia Amarsaikhan Sainbuyan, and Deputy Prime Minister of the
Republic of Uzbekistan Zhamshid Khodjaev.
During the meeting, Deputy Prime Minister of Mongolia Amarsaikhan emphasized that several initiatives discussed during his meeting with Deputy Prime Minister of Uzbekistan Zhamshid Khodjaev in August 2024 in Ulaanbaatar had been realized at the Meeting of the Mongolia-Uzbekistan Intergovernmental Commission on Trade, Economic, Scientific, and Technological Cooperation.
Deputy Prime Minister of Uzbekistan Zhamshid Khodjaev expressed satisfaction with the intensive development of cooperation between the two countries over the past two years and expressed confidence that the first Meeting of the Intergovernmental Commission in Tashkent would bring tangible results and practical decisions.
This Meeting was the first Meeting of the Mongolia-Uzbekistan Intergovernmental Commission on Trade, Economy, Science, and Technology Cooperation since the establishment of diplomatic relations between Mongolia and the Republic of Uzbekistan in 1992. Mongolia and Uzbekistan, the two landlocked developing countries, share many similarities. Therefore, the two countries are discussing ways to expand bilateral relations and cooperation in infrastructure, transport, logistics, agriculture, and light industry, and reduce trade barriers between Mongolia and Uzbekistan, mutually leveraging their advantages and resources.
Also, the two sides agreed to open Trade and Economic Representative Offices in Ulaanbaatar and Tashkent respectively, and the Mongolian Chamber of Commerce and Industry and the Chamber of Commerce and Industry of Uzbekistan were tasked with establishing the Trade and Economic Representative Offices.
According to the Mongolian Chamber of Commerce and Industry, the decision to reciprocally open Trade and Economic Representative Offices is a realization of the two countries' commitment to intensify economic cooperation with Central Asian countries.
The Mongolian delegation was led by Deputy Prime Minister Amarsaikhan Sainbuyan and included Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Uzbekistan Batbaatar Daadankhuu, Chairman of the Standing Committee on Environment, Food, and Agriculture of the State Great Khural of Mongolia Beisen Bulan, and President of the Mongolian Chamber of Commerce and Industry Tur-Od Lkhagvajav.