Ulaanbaatar, April 23, 2026 /MONTSAME/. As part of the State Visit of President Khurelsukh Ukhnaa to the Republic of Kazakhstan, the “Kazakhstan-Mongolia Business Forum” was held in Astana.

The business forum aims at connecting Mongolian businesses with similar companies in Kazakhstan and help them enter new markets. It focused on sectors such as food production, wool and cashmere, leather, construction, transport, logistics and finance.

Organized jointly by the Mongolian National Chamber of Commerce and Industry (MNCCI) and “Atameken” National Chamber of Entrepreneurs of Kazakhstan, the forum has brought together more than 250 representatives from government and private sectors of both countries.     

Both sides expressed their commitments to enriching their “strategic partnership” with economic content, developing mutually beneficial cooperation, expanding trade and investment and improving business environment. They highlighted that the EAEU-Mongolia Interim Trade Agreement, which removes or reduces tariffs on 367 types of goods, will help achieve the goal of increasing bilateral trade turnover to USD 500 million in the coming years and provide access to the Central Asian and third markets.   

During the forum, businesses from both countries exchanged views on future cooperation, investment opportunities, as well as joint projects and programs. Concluding the forum, Mongolian companies signed agreements and deals worth over USD 20 million with their Kazakhstan’s partners in the initial stage.

Agreements and cooperation memorandums were signed between the following partnerships:

•     The MNCCI and “QazTrade” Trade Policy Development Center
•     “QazTrade” Trade Policy Development Center and “Mon-Kaz Trade & Investment Hub”
•     “Mon-Kaz Trade & Investment Hub” and Kazakhstan’s Export Credit Agency
•     The Mongolian Tourism Association and the Tourism Department of Almaty Region
•     Women entrepreneurs’ councils under Atameken and the MNCCI
•     The Atyrau Wagon Manufacturing Plant and “Mongolian Ore Bal” LLC
•     “Mongolian Ore Bal” LLC and “Altay Agro Trading” LLP
•     The Mongolian Youth Federation and the Youth Congress of Kazakhstan
•     The Association of Mongolian Wool Producers- Kham-Ts Group
•     “CHBG Construction” LLC and “Alkaralbio”
•     “Mongolsat Networks” LLC and “Askar Cinema”
•     “Tuginat” LLC and “SymbatLab” LLC
•     “Tuginat” LLC and “AB Smart Logistic”
•     “Tuginat” LLC and “SS-Agro”
•     “Munkh Amin Orchil” LLC and “KazEcoAgro”
•     “Zhi Eu Finsight Holding” and “Go Finsight Agro Holding”
•     “NUKHTTOUR” Co.Ltd- “Gumin Green Tech SPC Limited” and “RailSolution” LLC
•     “Fine Wool Cashmere” and “Birzhan”

These agreements cover cooperation in trade, investment, logistics, tourism, agriculture, and industrial production.