Mongolia and Kazakhstan to boost cooperation in trade and economy

Ulaanbaatar /MONTSAME/ During the ongoing 11th ASEM Summit in Ulaanbaatar, the Prime Minister of Mongolia J.Erdenebat met Friday with Karim Masimov, his Kazakhstan counterpart at the State House. The parties shared views on the bilateral relations and cooperation, regional and international issues. “Our countries are not exploiting their potentials for trade and economic cooperation in full potential yet,” the PMs said, and concurred to intensify the partnership ties and to enrich the economic cooperation with investment projects. Besides the bilateral agreement, the Kazakhstan’s PM said his government will donate aid of USD 200 thousand to help people in Bayan-Olgii aimag, who have been affected by a natural disaster. J.Erdenebat pointed out that Mongolia intends to discuss many issues concerning bilateral relations and cooperation during a forthcoming regular meeting of the intergovernmental commission to be held in November 2016.