Representatives of the state-owned enterprise “Navoiyuran” and “Uzbek Overseas Geology Company” LLC are on a business trip to the Republic of Mongolia.

This trip is being carried out in accordance with cooperation agreements between the Republic of Uzbekistan and the Republic of Mongolia. During the trip, negotiations are underway with representatives of “Mon-Atom” regarding the establishment of a subsidiary of “Uzbek Overseas Geology Company” LLC in Mongolia and obtaining a permit (license) to conduct geological exploration in Mongolia.

In addition, meetings are being held with representatives of local legal and consulting organizations – TSETS Partners, LKHAGVASUREN Ganbold Attorney, and companies as well as Advisor, Technical Assistance, and Development Projects – to gradually implement licensing procedures for geological exploration.

The subsidiary of “Uzbek Overseas Geology Company” LLC in Mongolia plans to conduct geological exploration work jointly with the state-owned enterprise “Navoiyuran” in the future.