On June 23, in the capital city of Mongolia, Ulaanbaatar, the Mongolia–Uzbekistan Business Forum was held ahead of the state visit of the President of Uzbekistan Shavkat Mirziyoyev. The event brought together leaders from ministries and government agencies, regional administrations, industry associations, and over 300 companies from both countries. The forum was organized by the Ministry of Investment, Industry and Trade of Uzbekistan with the assistance of the Chamber of Commerce and Industry.
The Uzbek delegation was headed by Deputy Prime Minister Jamshid Khodjaev, while the Mongolian side was led by Deputy Prime Minister of Mongolia, Sainbuyan Amarsaikhan.
In his keynote speech, Khodjaev highlighted key areas for mutually beneficial cooperation, including trade initiatives aimed at expanding the range of exported goods such as fruits and vegetables, fertilizers, construction materials, pharmaceuticals, household appliances, textiles, footwear, meat products, leather, and wool. Plans to open trading houses and organize exhibitions were also discussed.
Industrial cooperation is set to advance through joint production in leather, wool, and cashmere processing, as well as the manufacturing of electrical equipment, machinery, and construction materials.
Further initiatives were announced in the agriculture and livestock sectors, including the establishment of greenhouses, the introduction of drip irrigation technologies, and the storage and processing of harvests.
Joint projects in the exploration and development of mineral resources also hold significant promise.
In his remarks, Deputy Prime Minister Amarsaikhan commended Uzbekistan’s investment climate and encouraged Mongolian businesses to actively engage with Uzbek partners and pursue mutually beneficial projects.
The forum concluded with a bilateral document exchange ceremony concerning joint projects for the production of finished products from wool, blended fabrics, textiles, and leather goods in Uzbekistan.
