On July 1, the Mongolian National Chamber of Commerce and Industry (MNCCI) and the International Think Tank for Landlocked Developing Countries (ITTLLDC) signed a Memorandum of Understanding (MoU) to strengthen institutional cooperation in research, information exchange and capacity-building initiatives focused on the development of landlocked developing countries (LLDCs). The agreement was signed by President of the Chamber B.Lkhagvajav and CEO of the ITTLLDC D.Dulguun.
Under the MoU, the two organizations agreed to cooperate on the basis of the principles of the rule of law, equality, openness and transparency. The partnership establishes a framework for long-term collaboration in generating and sharing research, promoting evidence-based policy discussions, and supporting knowledge exchange on issues affecting landlocked developing countries.
As part of the cooperation, the parties will exchange information on international business and economic trends, share scientific research findings, analytical reports, research materials, and relevant data, and undertake joint research projects in areas of common interest. The organizations also plan to collaborate in organizing conferences, seminars, workshops, training programs, policy dialogues, and other professional events aimed at strengthening research capacity and fostering cooperation among experts, policymakers, and the business community.
The partnership is expected to contribute to a deeper understanding of the economic, trade, transport, investment and sustainable development challenges faced by landlocked developing countries. By combining research expertise and institutional networks, the two organizations seek to support the development of evidence-based policy recommendations and practical solutions that can enhance regional connectivity, trade facilitation, and economic resilience.
The cooperation will also support business advocacy initiatives grounded in factual research and data analysis, enabling stakeholders to better identify policy priorities and opportunities for economic cooperation. In addition, the agreement aims to strengthen the institutional capacities of both organizations through the exchange of expertise, best practices, and professional experience.
Landlocked developing countries face unique structural constraints, including limited direct access to international seaports, higher transportation and logistics costs, and greater dependence on transit countries for international trade. Research and policy cooperation have become increasingly important in addressing these challenges and advancing sustainable economic development.
