Mongolian-Polish Business Forum Attracts over 180 Enterprises

Politics
ooluun@montsame.mn
2025-03-14 15:18:22

Warsaw, March 14, 2025 /MONTSAME/. At the invitation of President of the Republic of Poland Andrzej Duda, President of Mongolia Khurelsukh Ukhnaa is paying a State Visit to the Republic of Poland on March 13-14, 2025. 


During the State Visit, President of Mongolia Khurelsukh Ukhnaa and President of the Republic of Poland Andrzej Duda attended the Mongolian-Polish Business Forum on March 13, 2025.


President Khurelsukh stated that Mongolia adheres to the principle of being a “trustworthy, reliable, and long-term partner” and called for mutually beneficial cooperation.



More than 180 enterprises from the two countries across 20 sectors, including food, agriculture, light industry, trade and services, mining, construction, energy, education, health, and transport and logistics participated in the Business Forum.



As of 2024, the trade turnover between the two countries was USD 105 million. Mongolian exports to Poland reached more than USD 1 million while imports stand at about USD 104 million.  From countries in the European Union, Poland leads in exports to Mongolia.


Prior to 1990, various factories and plants were built with Polish loans and assistance, specifically:


Darkhan Brickworks and Lime Factory /1966/

Ulaanbaatar Lightweight Concrete Block Factory /1966/

Kharkhorin Thermal Power Plant/1970/

Ulaanbaatar Wood Processing Plant /1971/

Ulaanbaatar Spirits Factory /1974/

Kharkhorin Spirits Factory/1974/

Ulaanbaatar glue factory /1975/

Choibalsan Brickworks Factory/1985/

Ulaanbaatar Non-Woven Fabric Factory /1989/


During the Business Forum, the two sides signed the "Memorandum of Understanding between the Investment and Trade Agency of Mongolia and the Polish Investment and Trade Agency."


The Business Forum was jointly organized by the Mongolian National Chamber of Commerce and Industry and the Polish Investment and Trade Agency.


 

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