The United States and Mongolia reiterated that countries around the world should partner to hasten global economic recovery, including by working to overcome supply chain disruptions, and affirmed the international community should unite in efforts to achieve the UN Sustainable Development Goals.

The Governments of the United States of America and Mongolia has held the 4th U.S.-Mongolia Economic Policy Dialogue.

The two nations reaffirmed their strong desire to build on the overall U.S.-Mongolia Strategic Partnership, deepen the economic relationship in areas of mutual interest, and pursue opportunities for cooperation through existing and new mechanisms, including capacity building and trade promotion. They further reiterated the importance of strengthening Mongolia’s business climate, including through full implementation of the United States-Mongolia Agreement on Transparency in Matters Related to International Trade and Investment.

Both sides noted with satisfaction the signing of a Memorandum of Consultations (MOC) marking the successful negotiation of an Air Transport Agreement between the Government of the United States and the Government of Mongolia on January 24, 2023, an important step toward establishing scheduled, nonstop passenger flights between Mongolia and the United States, thus further expanding economic and people-to-people ties.

The United States and Mongolia reviewed their 2018 Roadmap for an Expanded Economic Partnership and expressed mutual intent to update it to reflect the broadening scope of bilateral cooperation by including new areas and opportunities for partnership.

The United States and Mongolia decided to maintain the exchange of high-level visits, including holding the next Annual Bilateral Consultations and strategic dialogue in 2023 in Washington, D.C.