Kazakhstan, Mongolia may work out plan for economic co-op development
Baku, Azerbaijan, October 10
By Nargiz Sadikhova – Trend:
Kazakhstan proposed to develop a roadmap for enhancing trade and economic cooperation with Mongolia, Trend reports with reference to the press office of prime minister of Kazakhstan.
The proposal has been made during the talks between Kazakh Prime Minister Askar Mamin and Mongolia’s Prime Minister Ukhnaagiin Khürelsükh who arrived in Kazakhstan on an official visit.
During the meeting, parties talked further development of cooperation in trade, economic, transit and transport, agricultural, mining, cultural and humanitarian spheres, as well as interaction within regional and international organizations.
Khürelsükh expressed interested of Mongolia in development of cooperation between countries and bringing it to a new level.
Furthermore, parties also noted the significant potential for further building up mutual trade turnover, which amounted to $80 million in 2018.
Thus, particular attention was paid to the prospects for cooperation in the mining industry, construction, processing and production of finished products of animal husbandry, cashmere, leather, and deepening cooperation in the transit and transport sector, including the activation of communications between the two countries under the SCO Agreement on the creation of favorable conditions for international road transport.
In this regard, Mamin suggested developing a draft roadmap for enhancing trade and economic cooperation between Kazakhstan and Mongolia for 2021-2024.
Follow the author on twitter: @nargiz_sadikh