Tugriks and Roubles: PM discusses trade with S.Lavrov

2016 оны 4 сарын 15

Yesterday (14th April), Prime Minister Ch.Saikhanbileg had a meeting with Russian Foreign Minister Sergey Lavrov. This took place during the diplomat’s one day visit to Mongolia, at the invitation of Foreign Minister L.Purevsuren. During the meeting, Mr Saikhanbileg said that Mongolia is interested in establishing a currency swap agreement between the central banks of the two countries, which would involve using their respective national banknotes for bilateral trade.

The Prime Minister also proposed signing an “intergovernmental agreement on railway transportation conditions”, during the trilateral meeting of the presidents of Russian, Mongolia and China, which will be held in June 2016, in Tashkent. In conclusion, the PM provided an update of the of Egiin Gol Hydro-Electric Power Plant.

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