During the talks, the current state and prospects for the development of cooperation in trade, economy, investment and industrial cooperation between the two countries were discussed.

The positive dynamics of the growth of mutual trade turnover, which has tripled in recent years, was noted. Emphasizing the existence of a number of opportunities for a significant increase in current indicators, the parties agreed to create a Working Group to identify opportunities and take measures to expand the range and increase the volume of bilateral trade between the two countries.

The prospects of increasing investment cooperation and industrial cooperation are analyzed. The adoption of a joint program for the development of industrial cooperation, including specific project proposals in the fields of agriculture, light and electrical industries, and the creation of the Uzbek-Mongolian Business Council are designated as priority and priority measures in this direction. In this context, the parties agreed to hold joint business forums and exhibitions in the cities of Tashkent and Ulaanbaatar.

Following the meeting, an agreement was signed on the establishment of a joint intergovernmental commission on cooperation between the Republic of Uzbekistan and Mongolia, which will serve as a basis for the practical realization of the potential of the multifaceted agenda of Uzbek-Mongolian cooperation, the press service of the MIPT reports.