Finance Minister of Mongolia signs loan agreement with China’s Exim Bank Vice President www.akipress.com
Minister of Finance of Mongolia Ch.Khurelbaatar met with Vice President of the Export-Import Bank of China Xie Ping in Beijing to exchange views on the projects being implemented in Mongolia by Chinese government soft loans, Montsame reports.
The two pointed out the importance of timely and effective execution of projects under the partnership between Mongolia and China.
Following the meeting, a signing ceremony of loan agreement on construction project of new central waste water treatment plant in Ulaanbaatar city was held. The project will be implemented in Mongolia by USD 1 billion soft loan issued by the Chinese government.
Officials from Mongolian Embassy in China and Ministry of Construction and Urban Development of Mongolia and Export Import Bank of China were present at the ceremony.