EU to provide EUR 37.5 million for Mongolia's pandemic responsePolitics
Ulaanbaatar /MONTSAME/ On July 21, Minister of Foreign Affairs N.Enkhtaivan met with Ambassador Extraordinary and Plenipotentiary of the European Union to Mongolia Traian Laurentiu Hristea
At the meeting, the Ambassador said EU will cooperate with the Mongolian side in all possible areas to further expand bilateral cooperation and that it has been decided that the union will provide EUR 37.5 million to Mongolia for its COVID-19 response through short-, medium-, and long-term projects.
Expressing his gratitude for providing assistance amid the global pandemic, Minister N.Enkhtaivan asked the Ambassador to support and protect the interests of Mongolians studying, working, and living in EU member countries.
The Foreign Minister also voiced his willingness to put emphasis on expanding economic relations and cooperation and boosting trade and investments between the two sides. Moreover, the EU Ambassador undertook to examine the Mongolian side’s proposal to establish factories of EU-standard products in order to leverage EU's Generalised System of Preferences.