EuroChamber was founded by leading European and Mongolian companies with a strong support from the EU Delegation, to contribute to positive business environment in Mongolia through its work as a united voice of European and Mongolian businesses, and to increase business between Europe and Mongolia.

Contacts

UBH Center, 11th Floor, Suite No 1111, 1 st khoroo Sukhbaatar District, Ulaanbaatar Mongolia

info@eurochamber.mn

(+976) 9575 2050

Innovation and Digitalisation International Trade

International Trade Working Group’s first meeting was held on 8 November 2022. Due to the Bank of Mongolia’s shortage of foreign currency reserves, commercial banks are setting limits on foreign currency transactions which causes difficulties to trade companies. Some companies had to buy forex every day, sometimes buying from the black market, and some opened bank accounts with various banks. We had top managers from Hyperchase, Mondreem, Metro Express, Erel, Gansag, WellBee, BSB, Maris, Veritech, GG Groceries and NTU. We thank our premium member Bodi International for hosting us at their premises.