Mongolia's Deputy Prime Minister Dorjhand Togmid traveled to Dubai for the AIM Congress 2026 international investment conference, where he secured a landmark agreement with the United Arab Emirates that outlines a framework for energy cooperation spanning renewable energy, green hydrogen production, and electricity grid development.

Memorandum Establishes Framework for Energy Cooperation

Dorjhand Togmid held a direct meeting with UAE Minister of Energy and Infrastructure Suhail Mohammed Al-Mazrouei, with the two sides concluding negotiations by signing a Memorandum of Understanding aimed at developing cooperation between the ministries of both countries in the field of energy.

The agreement commits the parties to promoting interaction across several key areas, including renewable energy development, the production of green hydrogen, and the expansion of electricity transmission and distribution networks.

The memorandum also covers energy storage systems, the attraction of investment, and the implementation of joint projects. Mongolia's Ministry of Energy stated that within the framework of the cooperation, the two countries plan to explore possibilities for exporting electricity and green hydrogen to regional markets, as well as to exchange experiences and technologies and develop human resources in the energy sector.

Investment Climate and Green Transition Presented at AIM Congress 2026

During his participation in the AIM Congress 2026 conference in Dubai, Togmid presented Mongolia's investment climate, its economic potential, and the reforms the country has undertaken in its energy sector.

He placed particular emphasis on Mongolia's focus on a green transition, positioning the landlocked nation as a destination for international capital seeking opportunities in clean energy development.

The AIM Congress appearance served as a platform for Mongolia to make its case to a global audience of investors and policymakers, with the energy sector identified as central to the country's broader economic ambitions.

Meetings with Abu Dhabi Development Fund and G42 Group

Beyond the formal signing with the UAE energy ministry, Togmid held additional meetings with the leadership of the Abu Dhabi Development Fund and the G42 group. Discussions in those sessions focused on possible cooperation in reforming Mongolia's energy sector, developing renewable energy, and investing in data center infrastructure.

The meetings with both organizations also addressed the specific challenge of supplying data centers with reliable and environmentally friendly energy, reflecting a growing interest in Mongolia as a potential host for digital infrastructure backed by green power sources.

Strategic Significance for Mongolia's Energy Export Ambitions

Mongolia's Ministry of Energy characterized the visit as being of strategic importance, describing it as laying the foundation for a new stage of cooperation aimed at attracting projects and investments in the country's energy sector. The ministry stated that the trip was also intended to develop new sources of green energy and to create conditions for the export of energy resources.

The framing of the visit around export potential signals Mongolia's intent to move beyond domestic energy development and position itself as a supplier to regional markets.

The exploration of green hydrogen exports in particular places, such as Mongolia within a growing international conversation about alternative energy carriers that could reduce dependence on fossil fuels across Asia and beyond.

Mongolia's Broader Push for International Energy Partnerships

The agreement with the UAE represents one part of a broader pattern of Mongolia pursuing international partnerships in the energy sector. The country has in recent months engaged with a range of foreign partners and organizations on questions related to green investment and energy infrastructure.

Mongolia has also been active in presenting itself as a future hub for data center development powered by clean energy, with officials making that case at forums including a dedicated investment event held in Tokyo under the title Investing in Mongolia: Energy and Finance, Tokyo 2026. Separately, the NOVVA Group signed a memorandum with Mongolia's Ministry of Digital Development covering green artificial intelligence infrastructure.

The memorandum signed in Dubai with the UAE adds a significant Gulf partner to Mongolia's growing list of energy cooperation agreements, with the UAE's Ministry of Energy now formally committed to working with Ulaanbaatar on renewable development, grid infrastructure, hydrogen production, and the exploration of export pathways to regional markets.

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