Foreign Minister meets WB Country Manager

Economy
e.erdenejargal@montsame.gov.mn
2020-09-09 13:50:55

Ulaanbaatar /MONTSAME/. Minister of Foreign Affairs N.Enkhtaiven received yesterday World Bank Country Manager for Mongolia Andrei Mikhnev.


Noting the valuable contribution made by the World Bank to Mongolia’s social and economic reforms over the past 30 years, the Minister expressed gratitude for the support provided by the bank in the direction of mitigating negative impact of COVID-19 pandemic and revitalizing economy of Mongolia.


The Minister briefed on the current social and economic situation of Mongolia and the outlook for the coming years and the sides exchanged views on a wide-range of topics, including Mongolia’s removal from the FATF’s grey list, expansion of foreign trade, investment growth, poverty reduction, etc.


The World Bank is cooperating with the Ministry of Foreign Affairs to facilitate trade and promote exports, and the two sides expressed interest in working together to define and implement a new phase of the World Bank's development cooperation strategy.