Улаанбаатар
The Trade and Development Bank of Mongolia and France’s State-Owned Investment Bank BPIFrance Signed a Memorandum of Understanding for Strategic Cooperation
Economy
Ulaanbaatar, November 1, 2024 /MONTSAME/. The Trade and Development Bank of Mongolia (TDB) participated in the “Mongolia–France Business Meeting,” an event focused on fostering trade, financial, and economic development collaboration between Mongolia and the Republic of France. During the business meeting, TDB and BPIFrance, the French state-owned investment bank, signed a Memorandum of Strategic Cooperation. Through this strategic partnership, TDB and BPIFrance have committed to strengthening their collaboration across various sectors, with a focus on promoting business development, economic growth, and the enhancement of bilateral trade activities between the two countries.
The “Mongolia–France Business Meeting,” organized by the Mongolian National Chamber of Commerce and Industry, included representatives from 28 French organizations and enterprises, facilitating networking opportunities and establishing a platform for partnership.
TDB remains dedicated to supporting its clients’ business endeavors and facilitating Mongolia’s foreign trade by offering competitive short and long-term financing solutions. These favorable financing options are available to customers across a range of sectors, including road transportation, international trade, construction, telecommunications, mining, and industrial development.
