“Trade turnover of Mongolia reached USD 4.1 billion as of last April and it is an insufficient result that the country is engaging in trade with Kazakhstan equal to 0.2 percent of it. Therefore, we should not lose the opportunity to cooperate with Kazakhstan. There is room for two countries to collaborate supporting each other,” MNCCI President O.Amartuvshin said.

"I have no doubt that direct flight being conducted to Kazakhstan would open an air way to reach Arab countries and Europe and the number of fights to other countries passing through Nur-Sultan would be increased. Properly resolving issues of direct transportation logistics between the two countries is the main factor to back trade turnover between Mongolia and Kazakhstan," he added.

To support regional cooperation, Mongolian part intends to put request to the Eurasian Economic Union (EAEU), in which Kazakhstan has a membership status, to give preference on transportation logistics, which is crucial condition for Mongolia. The request will be put forward to the EAEU during a meeting to be held soon in Kazakhstan and Krasnoyarsk, Russia.

Representatives of ‘Eurasian foods’ and ‘Sultan marketing’ food production companies, ‘Saryarka Autoprom’ and ‘Hyundau comtrans Kazakhstan’ automotive companies, ‘Izoterm’ building insulation material producer, ‘Bal textile’, ‘Byomer’ and ‘Jas-Kanat’ metallurgical companies, ‘Minova Kazakhstan’ mining company, ‘TK Pharm’ and ‘Fores’ window and door manufacturing companies are attending from Kazakhstan in the business meeting.

As of November, 2018, bilateral trade turnover reached USD 74.4 million. Among export products of Kazakhstan to Mongolia, tobacco makes up 20.3 percent, sanitary products 19.1 percent, washing powder and cleansing agent 12.6 percent, wheat flour and rye flour 7.8 percent and other groceries and petroleum products 4.1 percent respectively.