Strengthening EU–Mongolia cooperation on green and sustainable investment
Deputy Prime Minister of Mongolia Dorjkhand T. participated in the EU–Mongolia Investors’ Round Table held in Brussels, which brought together policymakers, financial institutions, and investors to discuss opportunities for expanding European investment in Mongolia and supporting the country’s energy transition under the EU’s Global Gateway initiative.
During the discussions, the Mongolian side highlighted the country’s significant renewable energy potential and the Government’s commitment to advancing energy sector reform, one of the key priorities of the newly formed Government. The roundtable focused on mobilizing sustainable investment, strengthening cooperation with European partners, and developing bankable renewable energy and infrastructure projects in Mongolia.
Deputy Prime Minister Dorjkhand T. also noted that during the first Mongolia–European Union Investment and Business Forum held in Ulaanbaatar last year, the European Investment Bank signed a memorandum of understanding with the Government of Mongolia to provide up to €1 billion in financing to support Mongolia’s green transition. In this context, Mongolia is working closely with European partners to engage European companies in renewable energy projects and the development of modern energy infrastructure.
On the sidelines of the event, Deputy Prime Minister Dorjkhand T. held meetings with Peter De Roover, Speaker of the Belgian Federal Parliament’s Chamber of Representatives, and Jozef Síkela, European Commissioner for International Partnerships. The meetings focused on strengthening Mongolia’s cooperation with Belgium and the European Union in areas such as trade, investment, renewable energy, rare earth elements, tourism, and digital connectivity.
The discussions also highlighted opportunities to enhance Mongolia’s energy security, including potential cooperation on advanced battery storage technologies and closer engagement with European companies.
The meeting was attended by Mr. Bold L., Ambassador of Mongolia to the Kingdom of Belgium, and Ina Marčiulionytė, Ambassador of the European Union to Mongolia.
