Ulaanbaatar
Mongolia-Hungary intergovernmental commission’s meeting held in Budapest
Politics
Ulaanbaatar/MONTSAME/ Sixth regular meeting of Mongolia-Hungary intergovernmental commission on trade, economy, science and technical cooperation was held on November 20-21 in Budapest, Hungary.
The meeting was co-chaired
by J.Saule, Deputy Minister of Food, Agriculture and Light Industry of Mongolia,
and Csaba Balogh, State Secretary at the Ministry of Foreign Affairs and Trade
of Hungary.
At the meeting, the sides
exchanged information on certain projects and programs of bilateral cooperation
in economy, investment, education, water management and health spheres, discussed
measures to be implemented further and agreed to conduct detailed study in
several new fields where joint projects are possible to be implemented.
During the meeting, the
parties signed the International Road Transport Agreement which will open an
opportunity for transport carriers to get licensed on both counties, increase
competitiveness in the auto transportation market and positively influence on price
and exchange rates.
