Namyang Dairy secures W10b Mongolia export deal

Namyang Dairy Products said Friday it signed a memorandum of understanding with Mongolia's leading food distributor, Maximus Distribution LLC, to expand exports of K-food products under a three-year, 10 billion won ($6.6 million) agreement.

The agreement was signed during the Korea-Mongolia Business Forum, an official event of the government-led economic delegation.

It follows a separate three-year, 70 billion won export deal signed in Vietnam in April, marking Namyang's second export agreement