Chairman Kurelbaatar of Monos Group, with 36 Mongolian Affiliates, Meets Lee Cheol-woo, Governor of Gyeongbuk

Discussion on Cooperation in Central Asian Traditional Medicine

Lee Cheol-woo, Governor of Gyeongbuk Province, met with Luvsan Khurelbaatar, Chairman of Mongolia's Monos Group, on the 26th to discuss mutual cooperation plans related to Gyeongbuk-style Central Asian traditional medicine.

Attending the meeting were the Monos Group executive team, a secretary from the Embassy of Mongolia in Korea, the Yeongdeok County Governor, and the President of Daegu Haany University, exchanging in-depth opinions on international exchange cooperation among 'Gyeongbuk Province - Yeongdeok County - Mongolia Monos Group - Daegu Haany University.'

Chairman Luvsan Khurelbaatar of Mongolia Monos Group (left) is taking a commemorative photo with Lee Cheol-woo, Governor of Gyeongbuk.

Monos Group is one of Mongolia's top 10 groups, established as the first 10 unlisted companies in Mongolia, with 36 affiliates in pharmaceuticals, distribution, cosmetics, construction, and more, employing over 2,500 staff.

Last year, Governor Lee Cheol-woo visited Ulaanbaatar, Mongolia, and signed an export agreement for the Neighbor Village Youth Pilot Project in Mongolia. This visit is part of the Yeongdeok Neighbor Village project and will be promoted in connection with the future expansion of the Neighbor Village project in Mongolia.

Governor Lee Cheol-woo and Chairman Luvsan Khurelbaatar discussed establishing an international joint research and development center for Central Asian traditional medicine, creating a K-Hanbang Edufarm complex (cube-type smart plant factory), and establishing an international joint campus for Central Asian traditional medicine, agreeing to proceed with active exchange and cooperation thereafter.

Governor Lee Cheol-woo stated, “Mongolia and Gyeongbuk are true partners, and we highly anticipate the effects of mutual cooperation between the two countries through the transfer of Gyeongbuk’s excellent technology and exchange of professional personnel,” adding, “We will work together to create ways to mutually cooperate and develop in various fields.”

This content was produced with the assistance of AI translation services.