Export of mining products to India discussed

2021-11-24 18:09:07

Ulaanbaatar /MONTSAME/. Minister of State for External Affairs of India Rajkumar Ranjan Singh is paying a visit to Mongolia on November 23-26 at the invitation of Deputy Foreign Minister B.Munkhjin. Deputy Foreign Minister B.Munkhjin and Minister of State for External Affairs of India Rajkumar Ranjan Singh have held official talks on November 24.

During the talks, the sides discussed strengthening of the strategic partnership between Mongolia and India, the implementation of large-scale projects, and possibilities of fruitful cooperation between two countries’ entities in overcoming the economic difficulties posed by the pandemic.

Noting that Mongolia strives to avoid having its exports be overly dependent on a single market, Deputy Minister B.Munkhjin expressed all-round support from the Ministry of Foreign Affairs to export mining products, including coking coal to India, its third neighbor.

For his part, Minister of State for External Affairs of India Rajkumar Ranjan Singh noted that drafting of the memorandum of understanding in mining sector is underway, and expressed hope that the two sides will sign it soon.  

The sides agreed to actively cooperate to address the problems related to the delay of the oil refinery plant project - a symbol of friendly relations between the two countries, intensify its works, and put it into operation on time. In addition, the parties expressed to cooperate in the field of information technology, including ensuring cyber security, and the ‘Smart city’ project which is currently being implemented in Mongolia.

Related news