As a part of the official visit of Speaker of the House of Commons of Canada, Mr Geoff Regan to Mongolia, several cooperation documents were signed.
In particular, Minister of Foreign Affairs Ts.Munkh-Orgil and Ambassador of Canada to Mongolia Ed Jager signed Intergovernmental Agreement on promotion and protection of investments, the Ambassador and Mongolia Minister of Finance B.Choijilsuren signed Intergovernmental MoU on Development Assistance, and Secretary General of office of the State Great Khural Ts.Tsolmon and Chief of Staff of House of Commons’ Office of Canada Mark Bosc signed a Cooperation MoU.
The sides underlined these documents aim to consolidate bilateral ties in trade and investment.
Canada is a “third neighbor” for Mongolia and an important strategic partner in North America, as well as a large investor. The Government of Canada has resolved to realize development assistance programs that cost CAD 55.4 million in Mongolia for the coming four years. These programs will concern improving of management in mining and natural resources, promoting transparency in administration and governance, improving competitiveness of yak wool and cashmere industry and the mineral resource and food security.

Published Date:2016-09-12