IT Park Uzbekistan held strategic meetings with Mongolian technology leaders

Representatives of IT Park held a series of meetings in Mongolia with major Mongolian IT organizations — MStars Hub, Chimege Systems, and Kite Mongolia. These meetings mark an additional step toward developing stronger business ties and technological progress between the two countries.

The main topics of discussion included the integration of Uzbek startups into Mongolian corporations, the exchange of experience and startup products between Mongolia and Uzbekistan, as well as mutual investments in startups. The joint efforts of the two countries contribute to the dynamic development of the startup ecosystem and the attraction of funding.

The parties agreed to combine efforts to improve the startup environment in both countries and provide mutual support when entering foreign markets. On July 24, as part of the Global Business Services Forum, a Memorandum of Understanding will be signed between the two organizations to strengthen cooperation through the signing of the memorandum within the framework of the Global Business Services Forum. It is expected that this agreement will contribute to the development of a dynamic startup ecosystem in both countries. In particular, in September this year, the two organizations will jointly organize the She Loves Tech Global Competition 2024 — Central Asia event.

The established partnership between the IT sectors of Uzbekistan and Mongolia will help significantly advance the startups of both countries on the international level, attracting venture capital and business angels.

Source: it-park.uz