PM of Mongolia Ch.Saikhanbileg met with PM of Japan Shinzo Abe in Tokyo yesterday and finally have signed the Free Trade deal that was in talks for last three years. In view of this important event both PMs have come up with a joint agreement.
Statement reads:
1. We have agreed that this economic partnership agreement will be essential foundation in strenghtening the bilateral Strategic Partnership and promoting economic development.
2. We have agreed that the pact will expand trade and people exchanges and also will contribute the efforts of Mongolia to become more integrated in the regional economy through investments opportunities for the private businesses and advancement of the economic relationship to the new level.
3. We want to emphasize the importance of this deal as it is the first of its kind for the Mongolia and is seen to boost investments, goods and services exchange, ease the trade and help to introduce know-how from Japan.
4. We have attached the general directions for the agreement implementation to foster the economic partnership of the two countries.
5. Both sides pledged to the committment for the partnership and will to start the implementation in accordance with legal provisions as soon as possible.
PM of Mongolia Ch.Saikhanbileg met with PM of Japan Shinzo Abe in Tokyo yesterday and finally have signed the Free Trade deal that was in talks for last three years. In view of this important event both PMs have come up with a joint agreement.
Statement reads:
1. We have agreed that this economic partnership agreement will be essential foundation in strenghtening the bilateral Strategic Partnership and promoting economic development.
2. We have agreed that the pact will expand trade and people exchanges and also will contribute the efforts of Mongolia to become more integrated in the regional economy through investments opportunities for the private businesses and advancement of the economic relationship to the new level.
3. We want to emphasize the importance of this deal as it is the first of its kind for the Mongolia and is seen to boost investments, goods and services exchange, ease the trade and help to introduce know-how from Japan.
4. We have attached the general directions for the agreement implementation to foster the economic partnership of the two countries.
5. Both sides pledged to the committment for the partnership and will to start the implementation in accordance with legal provisions as soon as possible.