Kazakhstan and Mongolia sign 19 agreements at business forum in Astana

Following the Kazakhstan-Mongolia business forum, entrepreneurs and government agencies of both countries signed 19 commercial agreements, Qazinform News Agency correspondent reports.

photo: QAZINFORM

The documents cover key areas of cooperation, including industry, agriculture, raw material processing, logistics, trade, investment, and tourism.

Photo credit: Soltan Zhexenbekov/Qazinform

In particular, the sides signed the following documents:

  • Supply contract for 100 railcars (Mongolian Ore Bal LLC - Atyrau Wagon Manufacturing Plant);
  • Memorandum on supplying KazEcoAgro's products to the Mongolian market, developing vitamin and dietary supplement production, implementing biotechnologies, and joint projects (Munkh Amin Orchil LLC - KazEcoAgro);
  • Memorandum on promoting product distribution, creating a partner network, joint projects, and exchanging technologies (Tuginat LLC - SymbatLab LLC);
  • Grain supply contract (Mongolian Ore Bal LLC - Altay Agro Trading);
  • Memorandum on promoting tourism and international partnership (Mongolian Tourism Association - Tourism Department of Almaty region);
  • Memorandum on supplying functional food products, implement biotechnological solutions, and develop long-term cooperation (CNBG Construction LLC - Alkaralbio);
  • Agreement on developing Kazakhstan’s exports to Mongolia, financing transactions, and implementing joint projects (Mon-Kaz Trade & Investment Hub - Export Credit Agency of Kazakhstan);
  • Memorandum on developing strategic partnership and long-term effective cooperation (Mon-Kaz Trade & Investment Hub - QazTrade);
  • Memorandum of cooperation in the film industry, promotion of national cinema, and cultural ties (Mongolsat Networks LLC - Askar Cinema);
  • Memorandum of cooperation in food product supply (Tuginat LLC - SS-Agro);
  • Memorandum of cooperation in equipment supply and logistics (Tuginat LLC - AB Smart Logistic);
  • Agreement on developing cooperation between women entrepreneurs of Kazakhstan and Mongolia (Council of Business Women under the Presidium of the National Chamber of Entrepreneurs of Kazakhstan Atameken - the Council of Women Entrepreneurs under the Mongolian National Chamber of Commerce and Industry);
  • Memorandum on promoting trade cooperation and partnership (Mongolian National Chamber of Commerce and Industry - QazTrade);
  • Memorandum of cooperation between companies in the financial and agricultural sector (Zhi Eu Finsight Holding - Go Finsight Agro Holding);
  • Agreement on partnership and development of joint projects (NUKHTTOUR Co. Ltd - Gumin Green Tech SPC Limited);
  • Memorandum of cooperation in the wool processing industry (Association of Mongolian Wool Producers - Kham-Ts Group).
  • Memorandum of cooperation in wool processing (Fain Wool Cashmere – Birzhan sole proprietorship business);
  • Memorandum on establishing sister-city relations and developing cooperation between cities (Taldykorgan - Nalaikh).
  • Memorandum on implementing joint initiatives in youth policy, education, culture, and entrepreneurship (Congress of Youth of Kazakhstan - Mongolian Youth Federation).
Photo credit: Soltan Zhexenbekov/Qazinform

Previously, Qazinform reported the talks between the official delegations of Kazakhstan and Mongolia in Astana on Tuesday concluded with signing of 13 documents