On 28 April 2022, the First Political Consultation between the Ministry of Foreign Affairs of Mongolia and the Ministry of Foreign Affairs of the Republic of Latvia was held in virtual format.

During the meeting, the two sides discussed bilateral relations and cooperation within the regional and international fora between Mongolia and Latvia.

With a view to develop trade and economic relations of the two countries, both sides highlighted the importance of support for business to business ties. Moreover, the two sides agreed to explore opportunities to expand Mongolian-Latvian cooperation in the fields of education, transport and forestry.