President of Kazakhstan Kassym-Jomart Tokayev paid a state visit to Mongolia from October 28 to 29.
Tokayev held talks with President of Mongolia Ukhnaa Khurelsukh, after which the two leaders signed a Joint Declaration on Strategic Partnership between their countries.
Kazakhstan and Mongolia decided to deepen their cooperation in the following five main areas: 1. Politics, security, and defense 2. Trade and economy 3. Education, culture, science, and information technology 4. Transport, logistics, tourism, and people-to-people exchange 5. Cooperation in regional and international arena.
The two countries have agreed to expand mutually beneficial economic cooperation by leveraging the advantages and development resources of Kazakhstan and Mongolia, such as modern technology, agriculture, light industry, and the abundant natural resources of Mongolia.
With the aim of increasing trade turnover between Kazakhstan and Mongolia to $500 million, the sides will collaborate in exporting wool, cashmere, and leather products from Mongolia to Kazakhstan, and in enhancing the volume of fruit and vegetable imports from Kazakhstan to Mongolia.
The two countries have agreed to intensify air transportation and establish direct air service between their capitals, Astana and Ulaanbaatar. They also aim to gradually create new transport and logistics routes, expand cooperation in the field of tourism, increase people-to-people exchange, and emphasize the importance of building stronger ties between the peoples of the two countries.
Kazakhstan and Mongolia have also agreed to cooperate in strengthening connectivity within and beyond the region, including through the Trans-Caspian International Transport Route (Middle Corridor).
Photo: akorda.kz