Ulaanbaatar-Tianjin Trade and Investment Forum was held on September 20. Governor of the Capital city and Mayor of Ulaanbaatar D.Sumiyabazar, Vice Mayor of Tianjin Zhu Peng and representatives of the business sectors of the two cities participated in the forum.

Opening the forum, Governor of the Capital city and Mayor of Ulaanbaatar D.Sumiyabazar said, "Tianjin is the closest coastal city to Mongolia, and most of our country's exports and imports pass through Tianjin Port. In this sense, Ulaanbaatar and Tianjin can cooperate in many fields such as international transportation of freight, trade, technology, education and culture. We are confident that the agreements and memorandums concluded between the parties at today's forum will develop solutions to many social and economic problems facing the city of Ulaanbaatar and will make a valuable contribution to the development of the country. I think that in the future, a new page will be opened in the investment and economic cooperation between Ulaanbaatar and Tianjin, and it will expand and strengthen with new contents."

Ulaanbaatar, the capital of Mongolia, and Tianjin, China first established sister-city relations in 1992. Last year, 2022, marked the 30th anniversary of the relations between the two cities.

Vice Mayor of Tianjin Zhu Peng said, "Ulaanbaatar and Tianjin have been cooperating in many fields such as road transport, agriculture, tourism, health and humanitarian since the establishment of sister-city relations. It is expected that the economic cooperation between the two cities will be further strengthened and brought to a new level by implementing the program to expand the economy of the northern region, raise the processing industry to a higher level, improve the quality of life of the citizens, and expand the regional and economic relations of the port.”

Moreover, during the forum, the government and private sector organizations of the two cities signed the memorandums of cooperation. For example, a memorandum of understanding was signed with the Tianjin Eco City Project Steering Committee, Satellite City, and the Special Economic Zone Development Department of the Capital city. Within the framework of the memorandum, the good practices of Tianjin in the construction of a smart and eco-city in the capital's satellite cities and special economic zones will be studied, ideas will be exchanged, and the capacity of human resources will be strengthened.

MEDIA AND PUBLIC RELATIONS DEPARTMENT OF THE GOVERNOR’S OFFICE OF THE CAPITAL CITY