The Federation of UAE Chambers of Commerce and Industry (UAE Chambers) has called for enhancing economic and investment cooperation with Mongolia, in a way that serves the mutual interests of business communities in both friendly countries.
This came during a meeting between Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers, and Odonbaatar Shijeekhuu, the first Ambassador of Mongolia to the UAE.
Humaid bin Salem expressed the Federation’s pride in the strong friendship between the UAE and Mongolia, noting the comprehensive development of bilateral relations across various fields. He emphasized the UAE private sector’s keenness to elevate these relations to broader horizons.
He highlighted the competitive advantages that the UAE offers to investors, particularly its strategic location, which positions it as an ideal gateway to regional markets. He called for increased exchange of trade delegations between the two countries to explore investment opportunities and build promising partnerships between Emirati and Mongolian business leaders.
Ambassador Odonbaatar commended the outstanding efforts of the UAE Chambers in promoting economic relations between the two nations. He affirmed that the Mongolian private sector is eager to strengthen ties on multiple levels, in a way that benefits both countries.
Earlier this year, His Excellency Ahmed Al Sayegh, UAE Minister of State, met with His Excellency Dorjkhand Togmid, Deputy Prime Minister of Mongolia, at the Ministry of Foreign Affairs in Abu Dhabi, as part of his visit to the UAE and his role in chairing the first session of the Joint Economic Committee meetings between the United Arab Emirates and the Republic of Mongolia.
The two sides discussed ways to enhance bilateral relations in various sectors, including energy, economy, industry and tourism, and emphasized the importance of leveraging opportunities to strengthen mutual cooperation.
Both sides underscored their commitment to reinforcing ties between the UAE and Mongolia by implementing the outcomes of the Joint Economic Committee, and expressed their keenness to expand collaboration across various fields.
