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Kazakhstan, Mongolia mull expansion of mutually beneficial co-op

Kazakhstan Materials 15 July 2016 11:32 (UTC +04:00)
Kazakhstan’s Prime Minister Karim Massimov met with Mongolian leadership at the 11th ASEM (Asia-Europe Meeting) Summit of Heads of State and Government in Ulaanbaatar, Mongolia, to discuss the expansion of bilateral cooperation.
Kazakhstan, Mongolia mull expansion of mutually beneficial co-op

Baku, Azerbaijan, July 15

By Elena Kosolapova – Trend:

Kazakhstan’s Prime Minister Karim Massimov met with Mongolian leadership at the 11th ASEM (Asia-Europe Meeting) Summit of Heads of State and Government in Ulaanbaatar, Mongolia, to discuss the expansion of bilateral cooperation, the Kazakh PM’s website reported July 15.

During Massimov’s meeting with Mongolian President Tsakhiagiin Elbegdorj, the sides discussed the current state of bilateral cooperation in trade and investment, as well as the prospects for expansion of that cooperation.

Kazakh PM and his Mongolian counterpart Jargaltulga Erdenebat discussed the bilateral trade and economic ties, and strengthening the contacts between the two countries’ business communities.

During the meeting with Erdenebat, Massimov pointed to the significant potential for increasing trade turnover between the two countries, as well as expressed willingness to further expand cooperation and enhance trade and economic relations.

He also said the energy and mining industries, agriculture, transportation infrastructure, housing, mining and processing of gold and uranium are the most promising areas for establishment of mutually beneficial partnerships between Kazakhstan and Mongolia.

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Follow the author on Twitter: @E_Kosolapova

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