During the meeting, State Secretary I.Batkhuu extended his gratitude to Ambassador Choi Jin-won for his vist and the opportunity to exchange views on current issues and provided a comprehensive overview of Mongolia’s economic landscape, highlighting the key policy measures of the Government of Mongolia.
As Mongolia and the Republic of Korea celebrate the 35th anniversary of the establishment of diplomatic relations, both sides emphasized the significant progress made in advancing their Strategic Partnership in the areas of trade, investment, and economic cooperation. They also engaged in detailed discussions on the upcoming Economic Partnership Agreement to be established between the two Governments, as well as on opportunities to enhance cooperation between the Export-Import Bank of Korea and the Development Bank of Mongolia.
Furthermore, both parties acknowledged the substantive progress made under the phased negotiations of the Economic Partnership Agreement and exchanged views on the next steps and additional measures to be undertaken.
