Finland, Mongolia vow to boost bilateral ties, trade

President Alexander Stubb and his Mongolian counterpart Ukhnaa Khurelsukh on Friday met in Helsinki and discussed various issues including strengthening bilateral trade, said the President Office in a press release.

The Presidents also attended the Finland-Mongolia Business Forum at the House of the Estates and discussed business opportunities between the countries.

“There is demand in Mongolia for Finnish expertise, particularly in the fields of clean technology, digitalisation and education,” Stubb wrote in a post on his social media platform X after the forum.

He said that the visit will strengthen trade between the countries.

“I believe that we can strengthen our cooperation in areas such as mining and minerals, clean energy, education and digitalization," Stubb said.

Earlier on the day, the President met at the Presidential Palace and discussed various issues including bilateral relations between Finland and Mongolia, regional security and multilateral cooperation,

"Finland and Mongolia have a lot of common issues. We both value democracy and stability. We are both small countries next to large neighbours and supporters of the multilateral system and the UN," said Stubb.

He also updated the visiting Mongolian President about the current security situation in Europe and Russia's war in Ukraine.

Finland and Mongolia signed four Memorandums of Understanding (MoUs) to intensify cooperation in the fields of education and culture during the visit of Khurelsukh.

During his visit in Helsinki, Khurelsukh also met with Speaker of the Finnish Parliament Jussi Halla-aho.