A general credit agreement of one billion US dollars was signed by G.Ganbold, the Ambassador of Mongolia to India and by David Rasquinha, the Executive Director of the Exim Bank of India, during the 5th meeting of the Mongolia-India intergovernmental committee for cooperation held on April 28 in New Delhi.
The loan will be granted to Mongolia for several infrastructure development projects.
The intergovernmental meeting was co-chaired by Mr L.Purevsuren, the Mongolian Foreign Minister and Mr Vijay Kumar Singh, the Indian Union Minister of State for External Affairs. The sides shared views on ongoing actions for expanding the Mongolia-India friendly relations and cooperation in all spheres, regional and international issues of mutual concern.
Following the meeting, the Foreign Ministers exchanged credentials on ratifying an intergovernmental agreement on convicts exchange, and then signed a related protocol.
A general credit agreement of one billion US dollars was signed by G.Ganbold, the Ambassador of Mongolia to India and by David Rasquinha, the Executive Director of the Exim Bank of India, during the 5th meeting of the Mongolia-India intergovernmental committee for cooperation held on April 28 in New Delhi.
The loan will be granted to Mongolia for several infrastructure development projects.
The intergovernmental meeting was co-chaired by Mr L.Purevsuren, the Mongolian Foreign Minister and Mr Vijay Kumar Singh, the Indian Union Minister of State for External Affairs. The sides shared views on ongoing actions for expanding the Mongolia-India friendly relations and cooperation in all spheres, regional and international issues of mutual concern.
Following the meeting, the Foreign Ministers exchanged credentials on ratifying an intergovernmental agreement on convicts exchange, and then signed a related protocol.