Categories: BusinessEconomy

Mongolia and Iceland to Cooperate in Renewable Energy and Green Technology

At the invitation of Minister of Foreign Affairs of Iceland Þorgerður Katrín Gunnarsdóttir, Minister of Foreign Affairs of Mongolia Battsetseg Batmunkh paid an official visit to Iceland on May 2-3, 2025. This official visit marks the first visit by the Minister of Foreign Affairs of Mongolia to Iceland. 

Minister of Foreign Affairs of Mongolia Battsetseg Batmunkh and Minister of Foreign Affairs of Iceland Þorgerður Katrín Gunnarsdóttir held official talks on May 2, 2025. 

During the official talks, the two Foreign Ministers emphasized that the traditionally friendly relations and cooperation between Mongolia and Iceland, based on common values of mutual trust, democracy, human rights, and the rule of law, have been developing for over half a century and agreed to promote the cooperation in renewable energy, green technology, animal husbandry, education, and tourism. 

While highlighting the importance of regular exchange of high-level visits in advancing bilateral relations, the two Foreign Ministers agreed to maintain the frequency of high-level visits. Also, the Foreign Minister of Iceland affirmed her visit to Mongolia soon. 

The two sides exchanged views on further broadening the Mongolia-Iceland cooperation, and some issues of international relations and discussed ways to cooperate within the United Nations and other international organizations. 

As an outcome of the official talks, the two sides signed a Memorandum of Understanding on Cooperation between the Ministry of Foreign Affairs of Mongolia and the Ministry of Foreign Affairs of Iceland. They also agreed to foster bilateral cooperation and to jointly contribute to the efforts of the international community in promoting global sustainable development, as well as universal peace and stability.

Prajwal Wele

Recent Posts

From Downtime to Uptime: How Industrial AI Is Bringing Actionable Intelligence to the Factory Floor

Business Now caught up with Rodrigo Valladares to explore the philosophy behind Industrial AI, how…

3 days ago

Zeus Robotics: Reimagining Healthcare Logistics Through Autonomous Innovation

Business Now connected with Vivek Thankachan and his co-founders at Zeus Robotics for a group…

2 weeks ago

Ginkgo Resilience: Turning Cyber Risks into Growth Opportunities

Ginkgo Resilience is transforming governance, risk, and cybersecurity by developing systems that, like the ginkgo…

3 weeks ago

Viddix: Unlocking Seamless Business Growth with AI and Automation

Business Now caught up with Pablo Capita to explore the origins of Viddix, how AI…

1 month ago

Two Brothers vs. the AI Threat: Building the Firewall for the Future

Devin and Gavin’s journey is even more striking given their background. At just 17, they…

1 month ago

Demystifying Wealth: How The Simple Wealth Blueprint is Helping People Rebuild, Reset and Rise

Business Now got in touch with Javail Marshall to discuss how his platform is breaking…

2 months ago