Ulaanbaatar
Credit agreement of 1 billion US dollars signed with India
映像The 5th meeting of the Mongolia-India intergovernmental Cooperation Committee held April 28 in New Delhi.
The meeting was co-chaired by Mr L.Purevsuren, the Mongolia’s Minister of Foreign Affairs and Mr Vijay Kumar Singh, the India’s Union Minister of State for External Affairs. They shared views on ongoing measures for expanding the Mongolia-India friendly relations and cooperation in all spheres, regional and international issues.
A general credit agreement of one billion US dollars was signed by Mr G.Ganbold, the Ambassador of Mongolia to India and by Mr David Rasquinha, Executive Director of the Exim Bank of India.
This loan will be granted to Mongolia for several projects on infrastructure development.
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