MP and Minister of Industry Mr. D.Erdenebat continues his visit to Europe. He held the meeting with Secretary of Italian Foreign Commission and MP Antonia Razze and Minister of Labor Massimo Bassino and discussed intergovernmental cooperation.
Also, Mongolian “Mongol Bazalt” Joint Venture and Italian “Gamma Meccanica” LLC signed the agreement worth of USD 18 million to purchase mineral wool construction materials from the Italian company. The establishment of the agreement was attended by five sides including Mongol Bazalt Company and Intensia San Paolo Bank, which will issue bank loans to the Mongolian company under the guarantee of Italian Government Agency “Sachi”. Also, the Development Bank of Mongolia and Sachi Government Agency signed cooperation agreement. Ministry of Industry highlights that the cooperation agreement between Gamma Meccanica and Mongol Bazalt is going to be fundamental for mutual partnership in the industrial sector in the future.
Source: The Ministry of Industry
MP and Minister of Industry Mr. D.Erdenebat continues his visit to Europe. He held the meeting with Secretary of Italian Foreign Commission and MP Antonia Razze and Minister of Labor Massimo Bassino and discussed intergovernmental cooperation.
Also, Mongolian “Mongol Bazalt” Joint Venture and Italian “Gamma Meccanica” LLC signed the agreement worth of USD 18 million to purchase mineral wool construction materials from the Italian company. The establishment of the agreement was attended by five sides including Mongol Bazalt Company and Intensia San Paolo Bank, which will issue bank loans to the Mongolian company under the guarantee of Italian Government Agency “Sachi”. Also, the Development Bank of Mongolia and Sachi Government Agency signed cooperation agreement. Ministry of Industry highlights that the cooperation agreement between Gamma Meccanica and Mongol Bazalt is going to be fundamental for mutual partnership in the industrial sector in the future.
Source: The Ministry of Industry