Brazil hopes for economic collaboration with Mongolia

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Ambassador Ch.Sosormaa shaking hands with Governor of the Brazilian state of Parana Carlos Alberto Richa during the opening ceremony of the Brazilian Mongolian Chamber of Commerce in Curitiba, Brazil

The Embassy of Mongolia in Brazil held a cultural event in Brasilia to commemorate the 30th anniversary of the establishment of diplomatic relations between the two countries.

Since the embassy first opened in 2014, its staff has worked to develop cooperation between the two nations in agriculture, mining, sports, and education. The embassy in Brazil is the only Mongolian diplomatic mission in South America, also working to represent Mongolia in Chile, Argentina, Colombia, and Peru.

Trade turnover of 1.26 million USD took place between Mongolia and Brazil in 2015 and increased by 1.87 in 2016, and foreign trade between the two countries is expected to continue to increase in 2017. Mongolia exported yarn and chemical products to Brazil and exported mining and industrial equipment, tires, and food products from Brazil in 2016.

The Brazilian Mongolian Chamber of Commerce opened in Parana State, and the first business meeting of the two countries was held in Ulaanbaatar in September 2016.

During the business meeting, Brazilian entrepreneurs held meetings with representatives from over 30 Mongolian enterprises, and they visited Mongolia’s leading dairy and meat farms and discussed adapting the use of innovative meat processing technology, the production of ethanol from potatoes, and making bio fuel from waste.

The Mongolian company Canephoras Solution started exclusively buying coffee beans from Brazil, and is now importing 2.4 tons of fresh coffee beans for Mongolian customers. The company is planning to export Brazilian coffee beans to other countries by roasting them in Mongolia. Brazilian entrepreneurs are interested in importing Mongolian cashmere products and carpets.

Ambassador Ch.Sosormaa and Brazil’s Minister of External Relations Mauro Vieira signing an agreement between the governments of Mongolia and Brazil on establishing a visa waiver
Ambassador Ch.Sosormaa and Brazil’s Minister of External Relations Mauro Vieira signing an agreement between the governments of Mongolia and Brazil on establishing a visa waiver

On September 21, 2015, Ambassador of Mongolia to Brazil Ch.Sosormaa and Brazil’s Minister of External Relations Mauro Vieira signed an agreement between the governments of Mongolia and Brazil on establishing a visa waiver for the holders of regular passports. The citizens of the two countries are eligible for visa waivers for stays not exceeding 90 days from their date of entry. The agreement has become important to developing tourism between the two countries.

Following a memorandum of understanding (MoU) on cooperation between the foreign affairs ministries of Mongolia and the Federative Republic of Brazil was signed, and since January of this year, the first Mongolian diplomat has started attending the Rio Branco Institute, a famous diplomatic academy named after former Brazilian External Relations Minister and diplomat Jose Paranhos, the Baron of Rio Branco.

The Mongolia-Brazil Inter-Parliamentary Friendship Group was formed in the Brazilian legislature this past November, and the members of the group are scheduled to visit Mongolia in June.

Relations and cooperation between the two nations have dramatically increased, and other countries in the region have expressed an interest in developing collaboration with Mongolia despite the great distance between South America and East Asia.

1 COMMENT

  1. Both Brazil and Mongolia have a huge slum problem. In some Brazilian cities slums take up more than 20% of the city, in UB it’s about 60% and growing!

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