Mongolia South Korea intense bilateral cooperation
Official talks of Mongolia’s Prime Minister Khurelsukh and Prime Minister of the Republic of Korea Lee Nak-yeon have been concluded.
Official talks of Mongolia’s Prime Minister Khurelsukh and Prime Minister of the Republic of Korea Lee Nak-yeon have been concluded. During the talks, the Prime Ministers agreed to intensify implementation of projects on construction of thermal power plants in 10 provinces with USD 300 million non-refundable aid granted by the Government of the Republic of Korea and construction of 2 apartment complexes in UB with USD 500 million soft loan. The two countries will celebrate the 30th anniversary of establishment of the diplomatic relations. Within it, the sides agreed to bring current relations at strategic partnership level and to study possibilities of mutual visa-free travel further. Moreover, the sides decided to involve physicians in retraining in Korea and organize arts, cultural and sports competitions ahead of the 30th anniversary. Mutually agreed issues during the official talks will be discussed in detail at the Fourth Intergovernmental Commission Meeting to be held at the first half of this year.
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