Mongolia-Japan business partnership meeting held

Oyundelger 2019-09-12 05:09

Economy

Mongolia-Japan Business Partnership Meeting was held at the Shangri-La hotel.

Mongolia-Japan Business Partnership Meeting was held at the Shangri-La hotel. It aims to develop bilateral trade and economic cooperation. The Trade and Development Bank of Mongolia (TDB) organized the meeting in collaboration with the Obihiro Branch of the ‘Mizuho’ Bank of Japan. Eight representatives of Japanese largest entities such as ‘Okamoto’ Group, ‘VadaNooen’ and ‘Tsuchiya dairy equipment’ held talks with delegates of 15 companies of Mongolia. Representative Chief of the TDB Tokyo Office said that he hopes that bilateral business cooperation would be expanded more thanks to this meeting. The Trade and Development Bank of Mongolia is providing investment loans and financial assistance to Mongolian companies while Mizuho bank is providing a bank guarantee to them. It enables companies of the two countries to mutually supply their products without any barriers to payments regarding exports or imports.