The Mongolia–Singapore Business Forum was successfully held in Singapore to strengthen bilateral cooperation in trade, investment, environmental protection, and climate change, while exploring new business opportunities.

The forum was officially opened with remarks from G. Uyanga, Ambassador of Mongolia to Singapore; Ts. Sandag-Ochir, Minister of Environment and Climate Change of Mongolia; Dr. Koh Poh Koon, Singapore’s Senior Minister of State for Manpower and Sustainability and the Environment; and E. Anar, First Deputy Governor of the Bank of Mongolia.

B. Lkhagvajav, President of the Mongolian National Chamber of Commerce and Industry (MNCCI), and Mark Lee, Chairman of the Singapore Business Federation, also highlighted the importance of strengthening private-sector ties and expanding bilateral business cooperation.

During the forum, MNCCI and the Singapore Business Federation signed a Memorandum of Understanding (MoU) to enhance institutional cooperation and promote business partnerships. Separately, J. Bat-Erdene, Chairman of Mongolia’s Communications Regulatory Commission, and Yuen Ting Chai, Meta’s Director of Public Policy for South and Central Asia, signed an MoU to advance cooperation in their respective areas.

Carbon credit cooperation between Mongolia and Singapore was among the key topics discussed. Representatives from Singapore’s Ministry of Trade and Industry and the National Environment Agency shared insights into the implementation of the bilateral agreement, carbon market development, and emerging opportunities for businesses.

The forum also featured presentations on Mongolia’s current mortgage financing environment and potential investment opportunities by S. Baatarsuren, Chief Executive Officer of the Development Bank of Mongolia, and B. Gantulga, Director of the Mongolian Mortgage Corporation.

The event concluded with business-to-business (B2B) meetings, where participants from both countries exchanged views, explored potential partnerships, and discussed new opportunities for trade and investment.

The forum marked an important step toward strengthening Mongolia–Singapore business relations and fostering mutually beneficial partnerships between the two countries’ private sectors.