Mongolia and Turkey targets to increase trade turnover to usd 300 million

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Today Prime Minister U.Khurelsukh held official talks with Turkish Prime Minister Binali Yildirim, who is paying an official visit to Mongolia.

Mongolia pays attention on developing comprehensive partnership and cooperation with Turkey and aims at broadening cooperation in all spheres, emphasized Prime Minister U.Khurelsukh. He expressed his satisfaction with intensifying bilateral relations between the two countries in the fields of politics, defense, culture, education and science as a result of bilateral efforts.

PM U.Khurelsukh also underlined that the two parties agreed to conduct joint studies on feasibility of establishing agreement on Free Trade between Mongolia and Turkey and it has great importance to intensify the economic ties further.

"The Republic of Turkey has rapidly developed health, road, transportation and communication sectors in the last 15 years. We are ready to share our experiences on it with Mongolia," said PM Binali Yildirim.

The sides put certain proposals targeting to reach trade turnover USD 300 million in a short time which was USD 31 million in 2017.

After official talks Prime Minister of the Republic of Turkey Binali Yıldırım and Prime Minister of Mongolia U.Khurelsukh attended the ceremony of signing bilateral cooperation documents.