The Mongolia-Belarus Business Forum was held in Minsk on October 26 as part of the President of Mongolia Khurelsukh Ukhnaa’s State Visit to the Republic of Belarus.

The forum brought together representatives of government institutions, the private sector, businesses, and the chambers of commerce and industry of the two countries to discuss opportunities to expand trade, economic and investment cooperation and strengthen direct business ties and partnerships.

The forum was opened by Belarusian Minister of Industry Andrei Kuznetsov, Mongolian Minister of Food, Agriculture and Light Industry Iderbat Tsagaankhuu, Chairman of the Belarusian Chamber of Commerce and Industry Mikhail Myatlikov, and President of the Mongolian National Chamber of Commerce and Industry Lkhagvajav Baatarjav.

Presentations covered the business and investment environments of the two countries, opportunities for economic cooperation, and development prospects in industry, agriculture, transport and logistics, and light manufacturing. Participants also exchanged views on opportunities to implement joint projects and programs.

Business-to-business meetings were held alongside the forum, allowing companies to explore new partnerships and mutually beneficial initiatives in trade, investment and manufacturing.

During the forum, companies and organizations from Mongolia and Belarus signed 17 agreements and memorandums of understanding worth a total of USD 50 million. The documents cover railway transportation, construction, agricultural machinery, food and dairy products, textiles, and other areas of cooperation.

The 17 documents are as follows:

Taliin Khishig Trans LLC (Mongolia) and Mogilev Railway Carriage Works LLC (Belarus): A trade agreement.
Agdealer LLC (Mongolia) and AMKODOR JSC (Belarus): A dealer agreement.
Agdealer LLC (Mongolia) and Gomselmash JSC (Belarus): A memorandum of understanding.
Mongolian Builders Association and Belarusian Builders Association: A memorandum of understanding.
Shine Tsonkh Standard LLC (Mongolia) and Liderstroy Grad LLC (Belarus): A memorandum of understanding.
Khanbogd Cashmere LLC (Mongolia) and Kamvol LLC (Belarus): A memorandum of understanding.
Vitafit LLC (Mongolia) and Belgospishcheprom (Belarus): A memorandum of understanding.
Vitafit LLC (Mongolia) and Zhabinka Sugar Plant OJSC (Belarus): An agreement.
Vitafit LLC (Mongolia) and Minsk Dairy Plant No. 1 OJSC (Belarus): A trade agreement.
Vitafit LLC (Mongolia) and Gorodeya Sugar Refinery OJSC (Belarus): A trade agreement.
Vitafit LLC (Mongolia) and ABC Company (Belarus): A memorandum of understanding.
Vitafit LLC (Mongolia) and ABC Company (Belarus): A trade agreement.
Minsk Belarus Trade Center LLC (Mongolia) and Babushkina Krynka OJSC (Belarus): A memorandum of understanding.
Tulgasaihan LLC (Mongolia) and Santa Bremor LLC (Belarus): An addendum extending the term of an existing agreement.
Jessica Energy LLC (Mongolia) and Energokomplekt LLC (Belarus): A memorandum of understanding.
Mongolian Wool and Cashmere Association and Kamvol LLC (Belarus): A memorandum of understanding.
Neheesgui Edlel JSC (Mongolia) and Kamvol LLC (Belarus): A memorandum of understanding.

Published Date:2026-10-27