Kazakh companies, during a business mission in Ulaanbaatar, signed export contracts with Mongolia totaling $62.6 million. The Kazakh delegation was led by First Vice Minister of Trade and Integration of the Republic of Kazakhstan, Aizhan Bizhanova.

"We view Mongolia as a promising direction for expanding non-resource exports. The high share of finished products in supplies and the interest of businesses confirm that we are no longer dealing with a trial market, but with an emerging, stable trade direction," noted Aizhan Bizhanova during the business forum in Ulaanbaatar.

By the end of 2025, trade turnover between the countries had tripled. Moreover, over 90% of supplies consist of non-resource finished goods, including food products and industrial goods. This export structure indicates a gradual shift from a raw materials model to supplying products with higher added value.

According to the Vice Minister, an additional impetus for cooperation could be provided by the Interim Trade Agreement between the EAEU and Mongolia, covering approximately 367 commodity items. The document envisages reducing barriers and expanding market access, creating new conditions for exporters and launching joint projects.

"Work is currently underway for it to enter into force, and we expect this to happen in the near future. For our companies, this means more opportunities for export and launching joint projects," she added.

A logical continuation of the cooperation is the utilization of Kazakhstan's transit potential. This opens up opportunities for Mongolia to diversify export routes, reduce product delivery times, and expand access to the markets of the EAEU, the Caucasus, Turkey, and the European Union. Kazakhstan thus strengthens its position as a key transit hub for bringing products to external markets.

The trade mission is taking place on the eve of the visit of Mongolian President Ukhnaagiin Khürelsükh to Kazakhstan, which lends additional political weight to the agreements reached.

Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1185502?lang=kk