Life in Rural Kyrgyzstan
Mongolia|economy|July 9, 2019 / 04:31 PM
Mongolia, Poland make trades for 60 euros annually

AKIPRESS.COM - Mongolia-Poland business forum took place today at Tuushin Hotel of Ulaanbaatar for a purpose to develop bilateral economic cooperation, Montsame reported.

Mongolia and Poland make trades worth EUR 60 million a year, mostly of cashmere and wool, textile goods and fruits.

Therefore, the meeting aimed at connecting businessmen of the two countries and creating opportunities of cooperation in mining, agriculture and electric bus manufacturing. By providing above mentioned opportunities, it is possible to increase bilateral trade turnover to EUR 100 million, organizers of the forum highlighted.

“To develop bilateral trade and economic cooperation, it is necessary to provide Polish companies and businesses with information about Mongolian business and legal environments first. In addition, the funding is the most urgent issue for developing business partnership; thus Polish banks are available to grant long or short term loans to Mongolian entities. Our businesses are willing to collaborate with Mongolian companies in spheres of milk and milk products, groceries and electric bus manufacturing,” said Krzysztof Senger, Vice President of the Polish Investment and Trade Agency.

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