PM Ch.Saikhanbileg paid a state visit to United Arab Emirates at the invitation of PM Mohammed bin Rashid Al Maktoum during May 18-20.
During the meeting, number of important issues of bilateral relations were discussed including mutual protection and promotion of investment, avoiding the imposing of double taxation on income, establishment of air communications between two countries and finalized the establishment of an embassy in Ulaanbaatar.
Moreover, State Secratary of the Ministry of Finance Kh.Gantsogt and CIB financial group have signed Memorandum of Understanding on establishment of the investemnt fund to finance the biggest projects of Mongolia with up to USD 1 billion.
During the meeting, United Arab Emirates noted that they are ready for investing to infrastructure sector, cooperating in agriculture sector and importing mutton from Mongolia.
In addition, United Arab Emirates expressed its readiness to establish relations between the law enforcement sectors of the two countries and enroll Mongolian experts at short and medium-term vocational training.
PM Ch.Saikhanbileg paid a state visit to United Arab Emirates at the invitation of PM Mohammed bin Rashid Al Maktoum during May 18-20.
During the meeting, number of important issues of bilateral relations were discussed including mutual protection and promotion of investment, avoiding the imposing of double taxation on income, establishment of air communications between two countries and finalized the establishment of an embassy in Ulaanbaatar.
Moreover, State Secratary of the Ministry of Finance Kh.Gantsogt and CIB financial group have signed Memorandum of Understanding on establishment of the investemnt fund to finance the biggest projects of Mongolia with up to USD 1 billion.
During the meeting, United Arab Emirates noted that they are ready for investing to infrastructure sector, cooperating in agriculture sector and importing mutton from Mongolia.
In addition, United Arab Emirates expressed its readiness to establish relations between the law enforcement sectors of the two countries and enroll Mongolian experts at short and medium-term vocational training.