A trade hub will open in Mongolia’s capital, Ulaanbaatar, to promote Kazakhstani products. Meanwhile, three deals worth approximately $21 million to supply Kazakhstani railway gondola cars are being considered under a trade financing programme, Kazinform reports.

At the 10th meeting of the Kazakhstan–Mongolia Intergovernmental Commission in Astana, Aizhan Bizhanova, First Vice Minister of Trade and Integration of the Republic of Kazakhstan, announced that KazTrade had signed agreements with Mongolian partners earlier this year. Under these agreements, a trading platform has already been established in Ulaanbaatar to showcase Kazakhstani products on a permanent basis.

“We have already established a trade hub in Ulaanbaatar, and its official opening will take place soon. The hub will showcase Kazakhstani products,” the speaker noted.

Kazakhstan also proposed that its Mongolian partners open a similar trade office in Kazakhstan to promote Mongolian products.

Another area of cooperation is trade financing. Kazakhstan’s Export Credit Agency has begun working with Mongolia’s Trade and Development Bank. A $33 million credit line has been approved for the bank. Three deals to supply Kazakhstani railway gondola cars worth approximately $21 million are currently being considered under this facility. Aizhan Bizhanova described these as the first pilot transactions, noting that their successful implementation would determine the further development of the financing mechanism.

Kazakhstan also hopes to involve other Mongolian banks in the initiative and is encouraging them to adopt a more flexible approach to financing terms. The main objective of the agreement is to make trade financing more accessible to businesses and thereby increase bilateral trade, the speaker explained.

Transport and logistics were also key topics at the meeting. In the first eight months of 2026, rail freight volumes increased by 16%. At the end of 2025, road freight volumes had risen by 52%, reaching 17,300 tonnes.

Direct air services between the capitals of Kazakhstan and Mongolia have already been launched. In addition, the two sides are exploring opportunities to further develop rail and road routes, including those passing through China.

Particular attention is being paid to the Kazakhstan–Russia–Mongolia route and the development of transport infrastructure that will help expand bilateral trade and transit.