On 7 March 2017, H.E. Mr. Tugsbilguun Tumurkhuleg, Ambassador of Mongolia to the Kingdom of Thailand met with Ambassador Krisda Piampongsant, Advisor to the Thai Chamber of Commerce and the Board of Trade of Thailand as well as other senior officials of the Chamber and Board.

During the meeting, the two sides concurred on the need of greater role to be played by private sectors of the two countries in expanding Mongolia-Thailand trade and economic cooperation and to this end, agreed to exchange delegations between chambers of commerce. Moreover, the sides exchanged their views on the possibilities for organizing Mongolia-Thailand Business Forum and concluding Memorandum of Understanding between commerce and business organizations of the two countries.